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Allied Properties Real Estate Investment (TSE:AP.UN) announced a dividend on Tuesday, August 19th, AnalystRatings.Net reports. Stockholders of record on Friday, August 29th will be paid a dividend of 0.1074 per share on Monday, September 15th. The ex-dividend date is Wednesday, August 27th.

On the ratings front, analysts at Scotiabank raised their price target on shares of Allied Properties Real Estate Investment from C$37.25 to C$37.50 in a research note on Monday, June 2nd. They now have an “outperform” rating on the stock. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of C$37.47.

Allied Properties Real Estate Investment Trust (TSE:AP) is a closed-end real estate investment trust.

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