Media stories about Brookfield Canada Office Properties (NYSE:BOXC) (TSE:BOX.UN) have trended somewhat positive on Friday, Alpha One reports. The research group, a service of Accern, scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Brookfield Canada Office Properties earned a coverage optimism score of 0.03 on Alpha One’s scale. Alpha One also assigned news headlines about the real estate investment trust an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the company’s share price in the next several days.
Brookfield Canada Office Properties (NYSE:BOXC) traded up 0.50% during trading on Friday, hitting $23.95. The company had a trading volume of 129 shares. Brookfield Canada Office Properties has a one year low of $18.68 and a one year high of $25.72. The stock has a 50-day moving average of $23.71 and a 200 day moving average of $22.01. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 21.19 and a beta of 0.93.
The company also recently declared a monthly dividend, which will be paid on Friday, July 14th. Stockholders of record on Thursday, June 29th will be given a dividend of $0.0809 per share. The ex-dividend date is Tuesday, June 27th. This represents a $0.97 dividend on an annualized basis and a dividend yield of 4.07%. Brookfield Canada Office Properties’s dividend payout ratio (DPR) is currently 127.27%.
A number of research analysts have recently commented on the company. TheStreet raised Brookfield Canada Office Properties from a “d+” rating to a “c-” rating in a report on Friday, February 10th. BMO Capital Markets lowered Brookfield Canada Office Properties from an “outperform” rating to a “market perform” rating in a report on Friday, April 21st. Five equities research analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and an average price target of $29.50.
About Brookfield Canada Office Properties
Brookfield Canada Office Properties is a Canada-based real estate investment trust (REIT). The Company invests, develops and operates commercial office properties in Toronto, Ottawa, Calgary and Vancouver. The Company’s commercial-property portfolio consists of interests in approximately 25 properties totaling approximately 21.1 million square feet, including approximately 4.0 million square feet of parking and other.
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