Artis Real Estate Investment Trust (OTCMKTS:ARESF) Plans Dividend Increase – $0.04 Per Share

Artis Real Estate Investment Trust (OTCMKTS:ARESF) declared a dividend on Saturday, September 21st, investing.com reports. Stockholders of record on Tuesday, October 1st will be paid a dividend of 0.0368 per share on Tuesday, October 15th. This represents a dividend yield of 7.83%. The ex-dividend date of this dividend is Monday, September 30th. This is a boost from Artis Real Estate Investment Trust’s previous dividend of $0.04.

Artis Real Estate Investment Trust Price Performance

Shares of ARESF opened at $5.64 on Friday. Artis Real Estate Investment Trust has a 12-month low of $4.07 and a 12-month high of $5.75. The stock’s fifty day simple moving average is $5.13 and its 200-day simple moving average is $4.83.

About Artis Real Estate Investment Trust

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.