European Commercial REIT (TSE:ERE – Get Free Report) declared a monthly dividend on Tuesday, October 15th, Zacks reports. Stockholders of record on Thursday, October 31st will be paid a dividend of 0.015 per share on Friday, November 15th. This represents a $0.18 annualized dividend and a dividend yield of ∞. The ex-dividend date is Thursday, October 31st.
European Commercial REIT Price Performance
European Commercial REIT (TSE:ERE – Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The company reported C$0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.06 by C$0.05. The company had revenue of C$36.04 million during the quarter.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. Desjardins upgraded shares of European Commercial REIT from a “hold” rating to a “moderate buy” rating in a report on Sunday, August 11th. Raymond James upgraded shares of European Commercial REIT from a “hold” rating to a “moderate buy” rating in a report on Monday, July 15th. Finally, Ventum Cap Mkts upgraded shares of European Commercial REIT to a “strong-buy” rating in a report on Monday, July 15th.
Further Reading
- Five stocks we like better than European Commercial REIT
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- QuantumScape: Solid State EV Batteries Nearing Commercialization
- Investing in Travel Stocks Benefits
- MicroStrategy: Is This Bitcoin-Powered Stock a Buy or a Gamble?
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- 3 Stocks Reporting Kitchen Sink Quarters to Usher in a Turnaround
Receive News & Ratings for European Commercial REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for European Commercial REIT and related companies with MarketBeat.com's FREE daily email newsletter.
