Artis Real Estate Investment Trust (TSE:AX) declared a monthly dividend on Wednesday, August 16th, Zacks reports. Stockholders of record on Thursday, August 31st will be given a dividend of 0.09 per share on Friday, September 15th. This represents a $1.08 annualized dividend and a dividend yield of Infinity. The ex-dividend date of this dividend is Tuesday, August 29th.

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Separately, Desjardins lowered shares of Artis Real Estate Investment Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, May 10th.

Artis Real Estate Investment Trust Company Profile

Artis Real Estate Investment Trust (Artis) is an unincorporated closed-end real estate investment trust (REIT). The Company’s objective is to provide stable, reliable and tax efficient monthly cash distributions, as well as long-term appreciation in the value of Artis’ units. Its segments include Western Canada, which comprises British Columbia and Alberta; Central Canada, which comprises Saskatchewan and Manitoba, and Eastern Canada, which comprises Ontario.

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