Interrent Real Estate Investment Trust (IIPZF) To Go Ex-Dividend on January 30th

Interrent Real Estate Investment Trust (OTCMKTS:IIPZF) declared a monthly dividend on Wednesday, January 15th, Zacks reports. Investors of record on Friday, January 31st will be paid a dividend of 0.02 per share on Monday, February 17th. This represents a $0.24 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend is Thursday, January 30th. This is an increase from Interrent Real Estate Investment Trust’s previous monthly dividend of $0.02.

Interrent Real Estate Investment Trust stock remained flat at $$12.02 during midday trading on Friday. Interrent Real Estate Investment Trust has a twelve month low of $10.07 and a twelve month high of $12.23. The company has a market cap of $1.46 billion, a PE ratio of 34.33 and a beta of 0.17. The business’s 50 day simple moving average is $12.01 and its 200-day simple moving average is $11.60.

About Interrent Real Estate Investment Trust

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 primary objectives are: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.

Further Reading: Equal Weight Rating

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

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