Killam Apartment REIT (TSE:KMP.UN) declared a monthly dividend on Tuesday, January 30th, TickerTech reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.0517 per share on Thursday, February 15th. This represents a $0.62 annualized dividend and a yield of 4.55%. The ex-dividend date of this dividend is Tuesday, January 30th.
Killam Apartment REIT (TSE KMP.UN) traded down C$0.19 during trading on Monday, reaching C$13.64. The company’s stock had a trading volume of 98,535 shares, compared to its average volume of 435,665. The company has a market capitalization of $1,100.00, a P/E ratio of 14.67 and a beta of 0.23. Killam Apartment REIT has a 1 year low of C$11.98 and a 1 year high of C$14.76.
A number of brokerages have recently issued reports on KMP.UN. Raymond James Financial downgraded Killam Apartment REIT from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 11th. Royal Bank of Canada downgraded Killam Apartment REIT from an “outperform” rating to a “sector perform” rating in a research report on Thursday, December 14th. BMO Capital Markets restated an “outperform” rating and set a C$15.25 price objective on shares of Killam Apartment REIT in a research report on Tuesday, December 12th. National Bank Financial restated an “outperform” rating and set a C$14.75 price objective on shares of Killam Apartment REIT in a research report on Thursday, November 30th. Finally, Desjardins raised their price objective on Killam Apartment REIT from C$15.00 to C$15.50 in a research report on Thursday, November 30th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$14.61.
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Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.
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