Capreit (CAR) to Issue Monthly Dividend of $0.13 on October 15th

Capreit (TSE:CAR) declared a monthly dividend on Monday, September 16th, Zacks reports. Investors of record on Monday, September 30th will be paid a dividend of 0.125 per share on Tuesday, October 15th. This represents a $1.50 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Monday, September 30th.

Capreit Price Performance

Capreit has a one year low of C$20.71 and a one year high of C$50.88.

Capreit (TSE:CAR) last announced its earnings results on Wednesday, August 7th. The company reported C$0.66 earnings per share for the quarter, topping the consensus estimate of C$0.64 by C$0.02. The business had revenue of C$278.13 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Ventum Cap Mkts raised Capreit to a “hold” rating in a research note on Monday, July 15th.

About Capreit

Avis Budget Group, Inc, together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network.