Artis Real Estate Investment Trust (OTCMKTS:ARESF) Shares Down 2.2% – Should You Sell?

Shares of Artis Real Estate Investment Trust (OTCMKTS:ARESFGet Free Report) traded down 2.2% on Tuesday . The stock traded as low as $4.87 and last traded at $4.87. 10,863 shares were traded during mid-day trading, an increase of 7% from the average session volume of 10,113 shares. The stock had previously closed at $4.98.

Artis Real Estate Investment Trust Price Performance

The business has a 50 day moving average price of $5.32 and a 200-day moving average price of $5.33.

Artis Real Estate Investment Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be issued a dividend of $0.0349 per share. This represents a dividend yield of 8.3%. The ex-dividend date of this dividend is Tuesday, December 31st. Artis Real Estate Investment Trust’s payout ratio is 84.74%.

About Artis Real Estate Investment Trust

(Get Free Report)

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.

Further Reading

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