Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF – Get Rating) declared a dividend on Wednesday, March 22nd, investing.com reports. Investors of record on Friday, March 31st will be paid a dividend of 0.0878 per share on Monday, April 17th. This represents a yield of 3.08%. The ex-dividend date of this dividend is Thursday, March 30th.

Canadian Apartment Properties Real Estate Investment Trust Stock Performance

Canadian Apartment Properties Real Estate Investment Trust stock opened at $34.09 on Tuesday. Canadian Apartment Properties Real Estate Investment Trust has a twelve month low of $27.11 and a twelve month high of $43.81. The business has a fifty day moving average of $35.89 and a two-hundred day moving average of $33.08.

Analysts Set New Price Targets

A number of research firms have weighed in on CDPYF. Raymond James increased their price target on shares of Canadian Apartment Properties Real Estate Investment Trust to C$60.00 in a research note on Friday, February 24th. BMO Capital Markets raised their target price on shares of Canadian Apartment Properties Real Estate Investment Trust to C$54.00 in a research note on Monday, February 27th. TD Securities raised their target price on shares of Canadian Apartment Properties Real Estate Investment Trust to C$61.00 in a research note on Friday, February 24th. National Bank Financial raised their price target on shares of Canadian Apartment Properties Real Estate Investment Trust to C$56.00 in a report on Friday, February 24th. Finally, Royal Bank of Canada raised their price target on shares of Canadian Apartment Properties Real Estate Investment Trust to C$59.00 in a report on Friday, February 24th.

About Canadian Apartment Properties Real Estate Investment Trust

(Get Rating)

Canadian Apartment Properties Real Estate Investment Trust is an open-ended mutual fund trust, which engages in the management of interests in multi-unit residential real estate properties, including apartments, townhomes, and manufactured home communities. It operates though the Canada and Europe geographical segments.

Further Reading

• Get a free copy of the StockNews.com research report on Canadian Apartment Properties Real Estate Investment Trust (CDPYF)
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