Ex-Div Reminder for Artis Real Estate Investment Trust's Preferred Units, Series CBy Preferred Stock Channel Staff, Friday, September 24, 1:36 PM ETOn 9/28/21, Artis Real Estate Investment Trust's Preferred Units, Series C (TSE:AX.PRE.CA) will trade ex-dividend, for its quarterly dividend of $0.342, payable on 9/29/21. As a percentage of AX.PRE.CA's recent share price of $23.70, this dividend works out to approximately 1.44%, so look for shares of AX.PRE.CA to trade 1.44% lower — all else being equal — when AX.PRE.CA shares open for trading on 9/28/21. On an annualized basis, the current yield is approximately 5.75%. As of last close, AX.PRE.CA was trading at a 4.88% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible. The chart below shows the one year performance of AX.PRE.CA shares, versus AX.UN.CA:
Below is a dividend history chart for AX.PRE.CA, showing historical dividends prior to the most recent $0.342 on Artis Real Estate Investment Trust's Preferred Units, Series C: Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Friday trading, Artis Real Estate Investment Trust's Preferred Units, Series C (TSE:AX.PRE.CA) is currently off about 0.3% on the day, while the common shares (TSE:AX.UN.CA) are off about 0.3%.
This Article's Word Cloud:
Arial
Artis
Below
Channel
Dividend
Estate
Friday
Going
Investment
Newsletter
Offer
Preferred
Premium
Real
Receive
Series
Special
Start
Stocks
Trust
Units
about
afterLeftLabels
afternoon
amount
annualized
approximately
axisColor
background
basis
beforeLeftLabels
being
below
best
bkgImage
bottomBuffer
bottomLabels
bottomTableHeight
chart
chartBackgroundColor
clientId
close
dividend
escape
fillColor
mdash
recent
shares
trade
trading
|