Canadian Apartment Properties Real Estate Investment Trust (CDPYF) To Go Ex-Dividend on May 27th

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYFGet Rating) announced a dividend on Tuesday, May 24th, investing.com reports. Investors of record on Monday, May 30th will be paid a dividend of 0.0943 per share on Wednesday, June 15th. This represents a dividend yield of 3.12%. The ex-dividend date of this dividend is Friday, May 27th.

CDPYF stock opened at $38.42 on Wednesday. Canadian Apartment Properties Real Estate Investment Trust has a fifty-two week low of $35.00 and a fifty-two week high of $50.47. The company has a 50-day simple moving average of $40.27 and a 200 day simple moving average of $43.05.

A number of research analysts recently commented on the company. Raymond James cut their target price on Canadian Apartment Properties Real Estate Investment Trust to C$66.00 in a research note on Wednesday, May 18th. National Bank Financial dropped their target price on Canadian Apartment Properties Real Estate Investment Trust from C$70.50 to C$62.25 in a research report on Wednesday, April 27th. Scotiabank reduced their price target on Canadian Apartment Properties Real Estate Investment Trust to C$63.00 in a research note on Thursday, May 19th. Royal Bank of Canada lowered their target price on Canadian Apartment Properties Real Estate Investment Trust to C$66.00 in a report on Wednesday, May 18th. Finally, CIBC cut their price target on Canadian Apartment Properties Real Estate Investment Trust from C$63.00 to C$60.00 in a report on Wednesday, May 18th. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Canadian Apartment Properties Real Estate Investment Trust currently has a consensus rating of “Buy” and an average target price of $64.68.

Canadian Apartment Properties Real Estate Investment Trust Company Profile (Get Rating)

CAPREIT is one of Canada's largest real estate investment trusts. CAPREIT owns approximately 57,000 suites, including townhomes and manufactured housing sites, in Canada and, indirectly through its investment in ERES, approximately 5,800 suites in the Netherlands. CAPREIT manages approximately 61,200 of its owned suites in Canada and Netherlands, and additionally approximately 3,800 suites in Ireland as at September 30, 2020.

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Dividend History for Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF)

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