Auto Prop Reit (TSE:APR – Free Report) – Investment analysts at Raymond James lowered their FY2023 earnings estimates for shares of Auto Prop Reit in a research note issued on Tuesday, November 14th. Raymond James analyst B. Sturges now forecasts that the company will earn $0.97 per share for the year, down from their previous estimate of $0.99.
Auto Prop Reit Stock Performance
Auto Prop Reit Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be issued a $0.067 dividend. The ex-dividend date is Wednesday, November 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of ∞.
About Auto Prop Reit
Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 64 income-producing commercial properties and one development property, representing approximately 2.5 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.
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