InterRent Real Estate Investment Trust (TSE:IIP.UN - Get Free Report)'s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$12.66 and traded as high as C$13.01. InterRent Real Estate Investment Trust shares last traded at C$12.96, with a volume of 1,022,068 shares traded.
InterRent Real Estate Investment Trust Stock Down 0.3 %
The firm has a market cap of C$1.91 billion, a PE ratio of -646.00 and a beta of 1.14. The company has a debt-to-equity ratio of 63.59, a current ratio of 0.43 and a quick ratio of 0.04. The business has a fifty day moving average price of C$12.67 and a two-hundred day moving average price of C$12.56.
InterRent Real Estate Investment Trust Announces Dividend
The firm also recently announced a monthly dividend, which was paid on Thursday, August 15th. Shareholders of record on Thursday, August 15th were paid a dividend of $0.0315 per share. The ex-dividend date was Wednesday, July 31st. This represents a $0.38 annualized dividend and a yield of 2.93%. InterRent Real Estate Investment Trust's dividend payout ratio (DPR) is presently -1,900.00%.
About InterRent Real Estate Investment Trust
(
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InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. InterRent's strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions.
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