H&R Real Estate Investment Trust (TSE:HR) Upgraded at Royal Bank of Canada

Royal Bank of Canada upgraded shares of H&R Real Estate Investment Trust (TSE:HR) from a hold rating to a moderate buy rating in a report issued on Wednesday,Zacks.com reports.

H&R Real Estate Investment Trust Price Performance

H&R Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a dividend of $0.05 per share. The ex-dividend date was Thursday, October 31st. This represents a $0.60 dividend on an annualized basis and a yield of ∞.

About H&R Real Estate Investment Trust

Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of September 30, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion.