Canadian Net R E Invt Uts (OTCMKTS:CNNRF – Get Free Report) declared a monthly dividend on Tuesday, August 18th. Shareholders of record on Thursday, October 15th will be paid a dividend of C$0.03 per share on Friday, October 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date is Thursday, October 15th.
Canadian Net R E Invt Uts Stock Performance
CNNRF stock opened at $4.43 on Tuesday. Canadian Net R E Invt Uts has a 52-week low of $3.73 and a 52-week high of $6.20. The business’s fifty day simple moving average is $4.77.
Canadian Net R E Invt Uts Company Profile
Canadian Net Real Estate Investment Trust is a Canadian real estate investment trust focused on owning and managing income-producing commercial properties. The trust’s portfolio is primarily composed of necessity-based retail and service-oriented properties designed to generate recurring rental income.
Its properties serve a range of tenants, including retail, grocery, pharmacy, convenience, restaurant and other commercial operators. Canadian Net REIT generally seeks properties with established tenants and locations that benefit from consistent local demand.
The trust’s activities are concentrated in Canada, with a historical focus on commercial real estate in Quebec and Ontario.
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