The Canadian real estate investment trust keeps its monthly payout unchanged at CAD 0.0699 per share for September.
Automotive Properties Real Estate Investment Trust announced a monthly dividend of CAD 0.0699 per share, matching its previous distribution. The dividend is payable on September 15 to shareholders of record as of August 31, with the ex-dividend date also set for August 31.
The payout remains consistent with prior months, reflecting stable cash flow from the trust’s portfolio of automotive dealership properties. Investors have tracked the REIT’s yield and dividend growth trends amid broader real estate market conditions.
No immediate market reaction was specified following the announcement.