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Northern Property Reit (TSE:NPR.UN) announced a dividend on Thursday, May 15th, Analyst Ratings News reports. Shareholders of record on Friday, May 30th will be paid a dividend of 0.121 per share on Monday, June 16th. The ex-dividend date is Wednesday, May 28th.

NPR.UN has been the subject of a number of recent research reports. Analysts at Dundee Securities cut their price target on shares of Northern Property Reit from C$29.50 to C$29.00 in a research note on Tuesday. They now have a “neutral” rating on the stock. On the ratings front, analysts at Scotiabank reiterated a “sector perform” rating on shares of Northern Property Reit in a research note on Wednesday, May 14th. They now have a C$31.75 price target on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Northern Property Reit from C$29.50 to C$30.00 in a research note on Tuesday, March 11th. They now have a “market perform” rating on the stock. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of C$30.72.

Northern Property Real Estate Investment Trust (TSE:NPR) is open-ended real estate investment trust that invests in, and owns a portfolio of residential and commercial income producing properties.

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