98532 (KMP.TO) (TSE:KMP) Upgraded by Raymond James to “Strong-Buy”

Raymond James upgraded shares of 98532 (KMP.TO) (TSE:KMP) from a moderate buy rating to a strong-buy rating in a research note issued to investors on Thursday morning, Zacks.com reports.

Separately, Ventum Cap Mkts upgraded 98532 (KMP.TO) to a strong-buy rating in a report on Tuesday, July 16th.

98532 (KMP.TO) Price Performance

98532 has a 52 week low of C$12.04 and a 52 week high of C$14.76.

98532 (KMP.TO) (TSE:KMP) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.30 by C$0.63. The firm had revenue of C$90.78 million during the quarter.

98532 (KMP.TO) Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 30th will be issued a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Friday, August 30th.

98532 (KMP.TO) Company Profile

Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.