Btb Reit (TSE:BTB) Declares $0.04 Monthly Dividend

Btb Reit (TSE:BTB) declared a monthly dividend on Thursday, March 15th, Zacks reports. Investors of record on Friday, March 30th will be given a dividend of 0.035 per share on Monday, April 16th. This represents a $0.42 dividend on an annualized basis and a yield of 9.21%. The ex-dividend date of this dividend is Wednesday, March 28th.

BTB traded up C$0.02 during trading on Friday, hitting C$4.56. 34,065 shares of the stock traded hands, compared to its average volume of 95,613. Btb Reit has a twelve month low of C$4.29 and a twelve month high of C$4.93.

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Btb Reit (TSE:BTB) last issued its quarterly earnings data on Tuesday, March 13th. The company reported C$0.33 earnings per share for the quarter, topping the consensus estimate of C$0.11 by C$0.22. The company had revenue of C$19.73 million for the quarter. Btb Reit had a net margin of 24.72% and a return on equity of 8.12%.

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About Btb Reit

BTB Real Estate Investment Trust (BTB) is a Canada-based unincorporated open-ended real estate trust. The Trust owns approximately 72 commercial, office and industrial properties in primary and secondary markets. The Trust operates through four segments, which include office, commercial, industrial and general purpose properties.

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