Artis Real Estate Investment Trust (OTCMKTS:ARESF) to Issue Dividend of $0.04

Artis Real Estate Investment Trust (OTCMKTS:ARESF) announced a dividend on Wednesday, November 26th, investing.com reports. Investors of record on Monday, December 1st will be paid a dividend of 0.0356 per share on Monday, December 15th. This represents a dividend yield of 927.0%. The ex-dividend date of this dividend is Friday, November 28th.

Artis Real Estate Investment Trust Price Performance

ARESF stock remained flat at $4.61 during trading on Wednesday. 33,716 shares of the company traded hands, compared to its average volume of 17,703. The firm has a fifty day moving average price of $4.52 and a 200 day moving average price of $5.06. Artis Real Estate Investment Trust has a 1-year low of $4.20 and a 1-year high of $5.98.

Artis Real Estate Investment Trust Company Profile

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.