Allied Properties Real Estate Investment Trust (TSE:AP – Free Report) – Stock analysts at Desjardins reduced their Q3 2024 earnings estimates for shares of Allied Properties Real Estate Investment Trust in a research note issued on Wednesday, July 31st. Desjardins analyst L. Kalmar now expects that the company will earn $0.53 per share for the quarter, down from their prior estimate of $0.55. Desjardins also issued estimates for Allied Properties Real Estate Investment Trust’s FY2024 earnings at $2.17 EPS and FY2025 earnings at $2.21 EPS.
Separately, National Bank Financial lowered shares of Allied Properties Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 17th.
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Allied Properties Real Estate Investment Trust Stock Performance
Allied Properties Real Estate Investment Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st will be paid a $0.15 dividend. This represents a $1.80 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Wednesday, July 31st.
About Allied Properties Real Estate Investment Trust
Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.
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