Inovalis Real Estate Investment Trust (TSE:INO.UN) declared a monthly dividend on Monday, October 30th, TickerTech reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.0688 per share on Wednesday, November 15th. This represents a $0.83 annualized dividend and a yield of Infinity. The ex-dividend date of this dividend is Monday, October 30th.
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Separately, BMO Capital Markets reissued an “outperform” rating and set a C$11.35 price objective on shares of Inovalis Real Estate Investment Trust in a report on Thursday, August 24th.
Inovalis Real Estate Investment Trust Company Profile
Inovalis Real Estate Investment Trust (Inovalis REIT) is a Canada-based open-ended real estate investment trust (REIT). Inovalis REIT is formed for the purpose of acquiring and owning office properties primarily located in France and Germany and also in other European countries. It owns interest in over 11 properties, of which seven are owned by the REIT (Baldi, Courbevoie, Jeuneurs, Metropolitan, Sabliere and Vanves in France, Hanover in Germany) and four are held through partnerships with various global institutional funds (Arcueil in France, Bad Homburg, Cologne and Duisburg in Germany) comprising over 1,083,000 square feet of gross leasable area.
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