Agellan Commercial Real Estate Invtmt TR (TSE:ACR) Announces $0.07 Monthly Dividend
Agellan Commercial Real Estate Invtmt TR (TSE:ACR) announced a monthly dividend on Thursday, July 20th, Zacks reports. Stockholders of record on Monday, July 31st will be given a dividend of 0.065 per share on Tuesday, August 15th. This represents a $0.78 annualized dividend and a dividend yield of Infinity. The ex-dividend date of this dividend is Thursday, July 27th.
About Agellan Commercial Real Estate Invtmt TR
Agellan Commercial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust (REIT). The objectives of the Company are to provide investors with stable, predictable and growing cash distributions on a tax-efficient basis; enhance the value of its assets and maximize long-term unit holder value through active management, and expand the asset base and increase its adjusted funds from operations (AFFO) per unit, including through acquisitions.
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