America First Multifamily Investors, L.P. (NASDAQ:ATAX) announced a quarterly dividend on Tuesday, June 13th, NASDAQ reports. Stockholders of record on Friday, June 30th will be given a dividend of 0.125 per share by the financial services provider on Monday, July 31st. This represents a $0.50 annualized dividend and a dividend yield of 8.47%. The ex-dividend date of this dividend is Wednesday, June 28th.

America First Multifamily Investors, L.P. (NASDAQ:ATAX) traded up 0.85% during mid-day trading on Wednesday, hitting $5.95. 11,450 shares of the stock traded hands. The company’s 50 day moving average price is $5.83 and its 200-day moving average price is $5.66. America First Multifamily Investors, L.P. has a 1-year low of $5.10 and a 1-year high of $6.11. The stock has a market cap of $358.50 million, a price-to-earnings ratio of 15.22 and a beta of 0.46.

America First Multifamily Investors, L.P. (NASDAQ:ATAX) last issued its quarterly earnings data on Friday, May 5th. The financial services provider reported $0.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.04. America First Multifamily Investors, L.P. had a net margin of 47.50% and a return on equity of 8.61%. The firm had revenue of $16 million for the quarter, compared to analysts’ expectations of $16.36 million. Analysts predict that America First Multifamily Investors, L.P. will post $0.24 earnings per share for the current year.

Dividend History for America First Multifamily Investors, L.P. (NASDAQ:ATAX)

Several equities analysts have recently weighed in on ATAX shares. Oppenheimer Holdings, Inc. set a $6.00 price objective on shares of America First Multifamily Investors, L.P. and gave the stock a “buy” rating in a research note on Monday, May 8th. Zacks Investment Research upgraded shares of America First Multifamily Investors, L.P. from a “sell” rating to a “hold” rating in a research note on Monday, May 8th.

A hedge fund recently raised its stake in America First Multifamily Investors, L.P. stock. Geode Capital Management LLC raised its stake in America First Multifamily Investors, L.P. (NASDAQ:ATAX) by 45.3% during the first quarter, according to its most recent filing with the SEC. The fund owned 40,578 shares of the financial services provider’s stock after buying an additional 12,651 shares during the period. Geode Capital Management LLC’s holdings in America First Multifamily Investors, L.P. were worth $227,000 at the end of the most recent quarter. Institutional investors and hedge funds own 7.27% of the company’s stock.

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About America First Multifamily Investors, L.P.

America First Multifamily Investors, L.P. is engaged in acquiring, holding, selling and dealing with a portfolio of mortgage revenue bonds, which have been issued to provide construction and/or permanent financing for multifamily and student housing (collectively Residential Properties) and commercial properties.

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