Choice Properties REIT (CHP) Declares $0.06 Monthly Dividend

Choice Properties REIT (TSE:CHP) announced a monthly dividend on Thursday, September 13th, Zacks reports. Investors of record on Friday, September 28th will be given a dividend of 0.062 per share on Monday, October 15th. This represents a $0.74 annualized dividend and a yield of 6.31%. The ex-dividend date is Thursday, September 27th.

Choice Properties REIT stock opened at C$11.80 on Friday. Choice Properties REIT has a 12-month low of C$11.59 and a 12-month high of C$14.26.

Choice Properties REIT (TSE:CHP) last released its earnings results on Wednesday, July 18th. The company reported C($0.56) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.26 by C($0.82). Choice Properties REIT had a return on equity of 15.99% and a net margin of 17.31%. The firm had revenue of C$294.65 million during the quarter.

Choice Properties REIT Company Profile

Choice Properties Real Estate Investment Trust (the Trust) is an unincorporated, open-ended real estate investment trust. The Trust is the owner, manager and developer of retail and other commercial properties across Canada. Its portfolio comprises over 530 properties with a total gross leasable area (GLA) of approximately 44 million square feet.

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Dividend History for Choice Properties REIT (TSE:CHP)

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