FY2018 EPS Estimates for Allied Properties Real Estate Investment Trust Increased by Analyst (AP)

Allied Properties Real Estate Investment Trust (TSE:AP) – Equities researchers at Desjardins increased their FY2018 earnings estimates for Allied Properties Real Estate Investment Trust in a research note issued to investors on Wednesday, December 5th. Desjardins analyst M. Markidis now expects that the company will earn $2.18 per share for the year, up from their previous estimate of $2.16. Desjardins currently has a “Buy” rating on the stock. Desjardins also issued estimates for Allied Properties Real Estate Investment Trust’s FY2019 earnings at $2.21 EPS and FY2020 earnings at $2.35 EPS.

The business also recently declared a monthly dividend, which will be paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st will be given a dividend of $0.133 per share. The ex-dividend date is Friday, December 28th. This is a boost from Allied Properties Real Estate Investment Trust’s previous monthly dividend of $0.13. This represents a $1.60 annualized dividend and a dividend yield of ∞.

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Earnings History and Estimates for Allied Properties Real Estate Investment Trust (TSE:AP)

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