Primaris Real Estate Investment Trust Announces Monthly Dividend of $0.07 (TSE:PMZ)

Primaris Real Estate Investment Trust (TSE:PMZ) declared a monthly dividend on Thursday, November 7th,Zacks Dividends reports. Shareholders of record on Friday, November 29th will be given a dividend of 0.07 per share on Monday, December 16th. This represents a $0.84 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Friday, November 29th.

Primaris Real Estate Investment Trust Price Performance

Analyst Upgrades and Downgrades

PMZ has been the subject of a number of recent research reports. National Bank Financial raised Primaris Real Estate Investment Trust to a “hold” rating in a report on Wednesday, October 9th. Cibc World Mkts upgraded Primaris Real Estate Investment Trust to a “strong-buy” rating in a report on Friday, August 2nd. Canaccord Genuity Group upgraded Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Friday, September 27th. Finally, TD Securities upgraded shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a report on Thursday, September 5th. Two equities research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.