Interrent Real Estate Investment Trust Expected to Earn FY2018 Earnings of $0.47 Per Share (IIP)

Interrent Real Estate Investment Trust (TSE:IIP) – Equities research analysts at Raymond James Financial lifted their FY2018 earnings per share (EPS) estimates for shares of Interrent Real Estate Investment Trust in a report issued on Thursday. Raymond James Financial analyst K. Avalos now anticipates that the company will post earnings of $0.47 per share for the year, up from their previous estimate of $0.46.

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The company also recently declared a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $0.24 annualized dividend and a yield of Infinity.

About Interrent Real Estate Investment Trust

InterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Approximately 2,980 suites are located in mid-sized population markets, with the remaining 5,075 suites located in the Greater Toronto Area (GTA), Montreal and the National Capital Region (NCR).

Earnings History and Estimates for Interrent Real Estate Investment Trust (TSE:IIP)

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