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Canadian Apartment Properties Real Estate Investment Trust Plans Dividend of $0.09 (OTCMKTS:CDPYF)

Financial News Live ·  Mar 23, 2023 20:13

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF – Get Rating) announced a dividend on Wednesday, March 22nd, investing.com reports. Investors of record on Friday, March 31st will be paid a dividend of 0.0878 per share on Monday, April 17th. This represents a yield of 3.08%. The ex-dividend date is Thursday, March 30th.

Canadian Apartment Properties Real Estate Investment Trust Price Performance

Shares of OTCMKTS CDPYF opened at $34.20 on Thursday. The business has a 50-day simple moving average of $35.93 and a two-hundred day simple moving average of $33.08. Canadian Apartment Properties Real Estate Investment Trust has a fifty-two week low of $27.11 and a fifty-two week high of $44.31.

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Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Scotiabank lifted their price target on Canadian Apartment Properties Real Estate Investment Trust to C$55.00 in a research report on Friday, February 24th. TD Securities boosted their target price on shares of Canadian Apartment Properties Real Estate Investment Trust to C$61.00 in a report on Friday, February 24th. Raymond James raised their price target on shares of Canadian Apartment Properties Real Estate Investment Trust to C$60.00 in a research report on Friday, February 24th. National Bank Financial lifted their price objective on shares of Canadian Apartment Properties Real Estate Investment Trust to C$56.00 in a research report on Friday, February 24th. Finally, Royal Bank of Canada lifted their price objective on shares of Canadian Apartment Properties Real Estate Investment Trust to C$59.00 in a research report on Friday, February 24th.

Canadian Apartment Properties Real Estate Investment Trust Company Profile

(Get Rating)

Canadian Apartment Properties Real Estate Investment Trust is an open-ended mutual fund trust, which engages in the management of interests in multi-unit residential real estate properties, including apartments, townhomes, and manufactured home communities. It operates though the Canada and Europe geographical segments.

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