Allied Properties Real Estate Investment Trust (TSE:AP) to Post Q2 2024 Earnings of $0.57 Per Share, Raymond James Forecasts

Allied Properties Real Estate Investment Trust (TSE:AP) – Equities researchers at Raymond James raised their Q2 2024 EPS estimates for Allied Properties Real Estate Investment Trust in a research note issued on Wednesday, May 1st. Raymond James analyst B. Sturges now forecasts that the company will post earnings of $0.57 per share for the quarter, up from their prior estimate of $0.54. Raymond James also issued estimates for Allied Properties Real Estate Investment Trust’s Q3 2024 earnings at $0.56 EPS, FY2024 earnings at $2.27 EPS, Q1 2025 earnings at $0.56 EPS, Q2 2025 earnings at $0.56 EPS, Q3 2025 earnings at $0.55 EPS, Q4 2025 earnings at $0.52 EPS and FY2025 earnings at $2.19 EPS.

Allied Properties Real Estate Investment Trust Stock Performance

Allied Properties Real Estate Investment Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $1.80 annualized dividend and a yield of ∞.

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.