Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) Raises Dividend to $0.09 Per Share

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) announced a dividend on Saturday, September 21st, investing.com reports. Shareholders of record on Tuesday, October 1st will be paid a dividend of 0.092 per share on Tuesday, October 15th. This represents a yield of 2.71%. The ex-dividend date of this dividend is Monday, September 30th. This is an increase from Canadian Apartment Properties Real Estate Investment Trust’s previous dividend of $0.09.

Canadian Apartment Properties Real Estate Investment Trust Stock Performance

Shares of OTCMKTS CDPYF opened at $40.74 on Friday. Canadian Apartment Properties Real Estate Investment Trust has a one year low of $28.12 and a one year high of $41.55. The business has a 50-day moving average price of $37.24 and a two-hundred day moving average price of $34.51.

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.