InterRent REIT (TSE:IIP) Upgraded to Strong-Buy at TD Securities

TD Securities upgraded shares of InterRent REIT (TSE:IIPFree Report) from a hold rating to a strong-buy rating in a research report report published on Wednesday morning,Zacks.com reports.

Separately, Raymond James downgraded InterRent REIT from a “strong-buy” rating to a “moderate buy” rating in a report on Tuesday, November 5th.

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InterRent REIT Stock Performance

InterRent REIT has a twelve month low of C$7.31 and a twelve month high of C$10.19.

InterRent REIT Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.032 dividend. This represents a $0.38 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Thursday, October 31st.

InterRent REIT Company Profile

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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).

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