Minto Apartment (TSE:MI) to Issue $0.04 Monthly Dividend

Minto Apartment (TSE:MI) declared a monthly dividend on Thursday, October 15th, Zacks reports. Shareholders of record on Saturday, October 31st will be paid a dividend of 0.038 per share on Monday, November 16th. This represents a $0.46 annualized dividend and a yield of ∞. The ex-dividend date is Thursday, October 29th.

Minto Apartment (TSE:MI) last issued its earnings results on Tuesday, August 11th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.22 by C($0.02). The business had revenue of C$31.32 million for the quarter.

A number of analysts have recently weighed in on MI shares. National Bank Financial restated a “sector perform under weight” rating on shares of Minto Apartment in a report on Sunday. Desjardins restated a “buy” rating on shares of Minto Apartment in a report on Thursday, August 13th.

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Dividend History for Minto Apartment (TSE:MI)

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