Interrent Real Estate Investment Trust (IIPZF) Raises Dividend to $0.02 Per Share

Interrent Real Estate Investment Trust (OTCMKTS:IIPZF) declared a monthly dividend on Monday, November 19th, Zacks reports. Stockholders of record on Friday, November 30th will be paid a dividend of 0.018 per share on Monday, December 17th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date is Thursday, November 29th. This is an increase from Interrent Real Estate Investment Trust’s previous monthly dividend of $0.02.

Shares of OTCMKTS:IIPZF remained flat at $$9.04 during trading on Friday. The stock has a market cap of $956.29 million and a P/E ratio of 25.52. Interrent Real Estate Investment Trust has a fifty-two week low of $7.18 and a fifty-two week high of $9.20.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by WKRB News and is the property of of WKRB News. If you are reading this piece on another publication, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this piece can be viewed at https://www.wkrb13.com/2018/11/24/interrent-real-estate-investment-trust-iipzf-raises-dividend-to-0-02-per-share.html.

About Interrent Real Estate Investment Trust

InterRentREIT 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 primary objective is to use the proven industry experience of the Trustees, Management and Operational Team to: (i)Unitholders with stable and growing cash distributions from investments in a diversified portfolio of multi-residential properties; (ii)enhance the value of the assets and maximize long-term Unit value through the active management of such assets; and (iii)expand the asset base and increase Distributable Income through accretive acquisitions.

Featured Article: How to read a candlestick chart

Dividend History for Interrent Real Estate Investment Trust (OTCMKTS:IIPZF)

Receive News & Ratings for Interrent Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interrent Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply