Allied Properties Real Estate Investment Trust (TSE:AP) Announces $0.15 Monthly Dividend

Allied Properties Real Estate Investment Trust (TSE:AP) announced a monthly dividend on Monday, April 15th, Zacks reports. Investors of record on Tuesday, April 30th will be paid a dividend of 0.15 per share on Wednesday, May 15th. This represents a $1.80 annualized dividend and a dividend yield of ∞. The ex-dividend date is Monday, April 29th.

Allied Properties Real Estate Investment Trust Price Performance

Allied Properties Real Estate Investment Trust (TSE:AP) last released its quarterly earnings results on Wednesday, January 31st. The company reported C($3.57) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.62 by C($4.19). The business had revenue of C$150.90 million during the quarter.

About Allied Properties Real Estate Investment Trust

Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.