Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF – Get Rating) announced a dividend on Friday, April 21st, investing.com reports. Stockholders of record on Friday, April 28th will be given a dividend of 0.0903 per share on Monday, May 15th. This represents a dividend yield of 3.03%. The ex-dividend date of this dividend is Thursday, April 27th. This is a boost from Canadian Apartment Properties Real Estate Investment Trust's previous dividend of $0.09.

Canadian Apartment Properties Real Estate Investment Trust Stock Performance

Shares of Canadian Apartment Properties Real Estate Investment Trust stock opened at $35.30 on Tuesday. Canadian Apartment Properties Real Estate Investment Trust has a 1 year low of $27.11 and a 1 year high of $40.82. The business has a 50 day moving average price of $35.31 and a 200 day moving average price of $33.54.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Raymond James lifted their price objective on Canadian Apartment Properties Real Estate Investment Trust to C$60.00 in a research report on Friday, February 24th. BMO Capital Markets lifted their price objective on Canadian Apartment Properties Real Estate Investment Trust to C$54.00 in a research report on Monday, February 27th. TD Securities lifted their price objective on Canadian Apartment Properties Real Estate Investment Trust to C$61.00 in a research report on Friday, February 24th. National Bank Financial lifted their price objective on Canadian Apartment Properties Real Estate Investment Trust to C$59.00 in a research report on Tuesday, April 18th. Finally, Royal Bank of Canada boosted their price target on Canadian Apartment Properties Real Estate Investment Trust to C$59.00 in a report on Friday, February 24th.

Canadian Apartment Properties Real Estate Investment Trust Company Profile

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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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