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Canadian Apartment Properties REIT (TSE:CAR.UN) announced a dividend on Friday, August 15th, AnalystRatings.Net reports. Shareholders of record on Friday, August 29th will be paid a dividend of 0.0903 per share on Monday, September 15th. The ex-dividend date is Wednesday, August 27th.

CAR.UN has been the subject of a number of recent research reports. Analysts at BMO Capital Markets raised their price target on shares of Canadian Apartment Properties REIT to C$25.50 in a research note on Tuesday, August 12th. On the ratings front, analysts at NBF raised their price target on shares of Canadian Apartment Properties REIT from C$25.25 to C$26.50 in a research note on Tuesday, August 12th. Finally, analysts at Canaccord Genuity raised their price target on shares of Canadian Apartment Properties REIT from C$23.00 to C$25.00 in a research note on Tuesday, August 12th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Canadian Apartment Properties REIT has a consensus rating of “Hold” and an average target price of C$24.89.

Canadian Apartment Properties Real Estate Investment Trust is an unincorporated open-ended real estate investment trust.

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