First Capital Realty (TSE:FCR) Stock Price Up 0.6% After Dividend Announcement

First Capital Realty Inc. (TSE:FCR) rose 0.6% during mid-day trading on Monday following a dividend announcement from the company. The company traded as high as C$20.95 and last traded at C$20.86. Approximately 3,044,888 shares were traded during mid-day trading, an increase of 551% from the average daily volume of 468,009 shares. The stock had previously closed at C$20.74.

The newly announced dividend which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be given a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a dividend yield of ∞. The ex-dividend date is Monday, April 29th.

First Capital Realty Stock Performance

The business has a 50-day moving average price of C$20.86.

First Capital Realty (TSE:FCR) last released its earnings results on Tuesday, February 6th. The company reported C$0.81 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.31 by C$0.50. The company had revenue of C$171.18 million during the quarter.