Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) Increases Dividend to $0.09 Per Share

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) announced a dividend on Friday, February 21st, investing.com reports. Investors of record on Monday, March 3rd will be paid a dividend of 0.0908 per share on Monday, March 17th. This represents a yield of 3.8%. The ex-dividend date is Friday, February 28th. This is a positive change from Canadian Apartment Properties Real Estate Investment Trust’s previous dividend of $0.09.

Canadian Apartment Properties Real Estate Investment Trust Price Performance

Shares of Canadian Apartment Properties Real Estate Investment Trust stock opened at $28.30 on Friday. The firm has a fifty day moving average price of $28.94 and a two-hundred day moving average price of $33.59. Canadian Apartment Properties Real Estate Investment Trust has a fifty-two week low of $26.66 and a fifty-two week high of $41.55.

Canadian Apartment Properties Real Estate Investment Trust Company Profile

CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at December 31, 2023, CAPREIT owns approximately 64,300 residential apartment suites, townhomes and manufactured home community sites that are well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe.