Edgefront Real Estate Investment Trust Plans Monthly Dividend of $0.05 (TSE:NXR)

Edgefront Real Estate Investment Trust (TSE:NXR) announced a monthly dividend on Tuesday, May 7th, Zacks reports. Investors of record on Friday, May 31st will be given a dividend of 0.053 per share on Friday, June 14th. This represents a $0.64 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Friday, May 31st.

Edgefront Real Estate Investment Trust Price Performance

Edgefront Real Estate Investment Trust (TSE:NXR) last released its quarterly earnings data on Wednesday, March 13th. The company reported C$0.02 EPS for the quarter, missing the consensus estimate of C$0.19 by C($0.17). The company had revenue of C$42.01 million for the quarter.

About Edgefront Real Estate Investment Trust

Nuveen Select Tax-Free Income Portfolio 3 Fund’s primary objective is current income exempt from regular federal income tax, consistent with preservation of capital.

The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.