Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) Raises Dividend to $0.09 Per Share

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) declared a dividend on Friday, February 21st, investing.com reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.0908 per share on Monday, March 17th. This represents a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, February 28th. This is a boost from Canadian Apartment Properties Real Estate Investment Trust’s previous dividend of $0.09.

Canadian Apartment Properties Real Estate Investment Trust Stock Performance

Shares of CDPYF stock opened at $28.30 on Friday. Canadian Apartment Properties Real Estate Investment Trust has a 12 month low of $26.66 and a 12 month high of $41.55. The firm has a fifty day simple moving average of $28.94 and a two-hundred day simple moving average of $33.59.

Canadian Apartment Properties Real Estate Investment Trust Company Profile

CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at December 31, 2023, CAPREIT owns approximately 64,300 residential apartment suites, townhomes and manufactured home community sites that are well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe.