Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) Announces Dividend of $0.09

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) declared a dividend on Thursday, March 21st, investing.com reports. Stockholders of record on Thursday, March 28th will be paid a dividend of 0.0894 per share on Monday, April 15th. This represents a dividend yield of 3%. The ex-dividend date is Wednesday, March 27th.

Canadian Apartment Properties Real Estate Investment Trust Price Performance

Canadian Apartment Properties Real Estate Investment Trust stock traded down $1.30 during midday trading on Tuesday, hitting $34.31. 29,648 shares of the company’s stock were exchanged, compared to its average volume of 15,058. Canadian Apartment Properties Real Estate Investment Trust has a 52-week low of $29.41 and a 52-week high of $40.63. The stock has a 50-day moving average price of $35.77 and a two-hundred day moving average price of $34.83.

About Canadian Apartment Properties Real Estate Investment Trust

CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at December 31, 2023, CAPREIT owns approximately 64,300 residential apartment suites, townhomes and manufactured home community sites that are well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe.