Killam Apartment REIT (KMP.UN) to Issue Monthly Dividend of $0.06 on August 17th

Killam Apartment REIT (TSE:KMP.UN) declared a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be given a dividend of 0.06 per share on Monday, August 17th. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, July 31st.

Killam Apartment REIT Stock Performance

Shares of KMP.UN stock remained flat at C$18.81 on Wednesday. 7,038 shares of the stock were exchanged, compared to its average volume of 376,435. Killam Apartment REIT has a twelve month low of C$15.65 and a twelve month high of C$19.21. The company has a debt-to-equity ratio of 82.05, a quick ratio of 0.03 and a current ratio of 0.10. The firm has a 50-day moving average of C$18.64 and a 200-day moving average of C$17.58. The company has a market cap of C$2.30 billion, a P/E ratio of -96.32 and a beta of 0.79.

Killam Apartment REIT (TSE:KMP.UN) last posted its quarterly earnings data on Thursday, May 7th. The company reported C$0.41 EPS for the quarter. Killam Apartment REIT had a return on equity of 12.07% and a net margin of 86.91%.The firm had revenue of C$96.68 million during the quarter. As a group, equities analysts anticipate that Killam Apartment REIT will post 1.2904074 earnings per share for the current year.

About Killam Apartment REIT

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada’s largest residential real estate investment trusts, owning, operating and developing a $5.4 billion portfolio of apartments and manufactured home communities. Killam’s strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions which target newer properties and through the disposition of non-core assets, and 3) developing high-quality properties in its core markets.