Desjardins lowered shares of European Commercial REIT (TSE:ERE – Get Rating) from a buy rating to a hold rating in a research report released on Sunday morning, PriceTargets.com reports.
European Commercial REIT Stock Performance
European Commercial REIT (TSE:ERE – Get Rating) last released its quarterly earnings results on Wednesday, February 15th. The company reported C($0.29) earnings per share for the quarter, missing the consensus estimate of C$0.06 by C($0.35). The company had revenue of C$31.77 million during the quarter.
European Commercial REIT Announces Dividend
The firm also recently disclosed a monthly dividend, which was paid on Monday, May 15th. Shareholders of record on Friday, April 28th were given a $0.015 dividend. This represents a $0.18 annualized dividend and a yield of ∞. The ex-dividend date of this dividend was Thursday, April 27th.
Featured Stories
- How to Calculate Stock Growth
- 7 Best Retail Stocks to Invest in
- 3 Home Improvement Stocks to Renovate Your Portfolio
- Beam Global Shines Brightly in the EV Infrastructure Space
- Canoo Bottoms As Production Ramp Gets Closer
Receive News & Ratings for European Commercial REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for European Commercial REIT and related companies with MarketBeat.com's FREE daily email newsletter.
