Choice Properties REIT (TSE:CHP) Releases Quarterly Earnings Results, Beats Expectations By $0.30 EPS

Choice Properties REIT (TSE:CHPGet Rating) released its quarterly earnings results on Wednesday. The company reported C$0.54 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.24 by C$0.30, reports. The business had revenue of C$328.05 million for the quarter.

Choice Properties REIT has a 12-month low of C$11.59 and a 12-month high of C$14.26.

The firm also recently declared a monthly dividend, which will be paid on Monday, May 16th. Investors of record on Friday, April 29th will be given a dividend of $0.062 per share. The ex-dividend date of this dividend is Thursday, April 28th. This represents a $0.74 dividend on an annualized basis and a yield of ∞.

Choice Properties REIT Company Profile (Get Rating)

Choice Properties Real Estate Investment Trust (the Trust) is an unincorporated, open-ended real estate investment trust. The Trust is the owner, manager and developer of retail and other commercial properties across Canada. Its portfolio comprises over 530 properties with a total gross leasable area (GLA) of approximately 44 million square feet.

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Earnings History for Choice Properties REIT (TSE:CHP)

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