Summit Industrial Income REIT (SMU) to Issue Monthly Dividend of $0.05 on February 14th

Summit Industrial Income REIT (TSE:SMU) announced a monthly dividend on Wednesday, January 15th, Zacks reports. Investors of record on Friday, January 31st will be given a dividend of 0.045 per share on Friday, February 14th. This represents a $0.54 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Thursday, January 30th.

Summit Industrial Income REIT (TSE:SMU) last posted its quarterly earnings data on Wednesday, November 13th. The company reported C$0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.15 by C$0.76. The company had revenue of C$24.66 million for the quarter.

Separately, National Bank Financial restated a “sector perform under weight” rating on shares of Summit Industrial Income REIT in a report on Sunday, October 20th.

Featured Story: What is a Buy-Side Analyst?

Dividend History for Summit Industrial Income REIT (TSE:SMU)

Receive News & Ratings for Summit Industrial Income REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Summit Industrial Income REIT and related companies with MarketBeat.com's FREE daily email newsletter.