True North Commercial REIT (TSE:TNT.UN) Shares Set to Pay Monthly Dividend of $0.06

Posted by Donna Armstrong on Oct 28th, 2026

True North Commercial REIT (TSE:TNT.UN – Get Free Report) announced a monthly dividend on Friday, October 30th. Investors of record on Monday, November 16th will be paid a dividend of $0.0575 per share on Monday, November 16th. This represents a $0.69 dividend on an annualized basis and a yield of 9.2%. The ex-dividend date is Friday, October 30th.

True North Commercial REIT Stock Down 0.1%

Shares of TSE TNT.UN opened at C$7.54 on Wednesday. The firm has a market cap of C$106.07 million, a P/E ratio of -4.47 and a beta of 0.83. The company has a debt-to-equity ratio of 175.73, a quick ratio of 0.06 and a current ratio of 0.14. True North Commercial REIT has a 1 year low of C$7.39 and a 1 year high of C$9.40. The firm’s 50 day moving average price is C$8.04 and its 200 day moving average price is C$8.39.

True North Commercial REIT (TSE:TNT.UN – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported C($0.23) earnings per share for the quarter. True North Commercial REIT had a negative net margin of 38.96% and a negative return on equity of 10.66%. The business had revenue of C$27.85 million during the quarter.

Analyst Ratings Changes

Separately, Canaccord Genuity Group downgraded True North Commercial REIT from a “buy” rating to a “hold” rating and set a C$7.50 price objective for the company. in a research report on Monday. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, True North Commercial REIT currently has an average rating of “Hold” and an average price target of C$8.50.

Check Out Our Latest Report on True North Commercial REIT

About True North Commercial REIT

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The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 37 properties consisting of approximately 4.4 million square feet in urban and select strategic secondary markets across Canada. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist.