Interrent Real Estate Investment Trust to Issue Monthly Dividend of $0.02 (IIPZF)

Interrent Real Estate Investment Trust (OTCMKTS:IIPZF) declared a monthly dividend on Tuesday, September 18th, Zacks reports. Shareholders of record on Sunday, September 30th will be given a dividend of 0.017 per share on Monday, October 15th. This represents a $0.20 annualized dividend and a yield of 2.22%. The ex-dividend date is Thursday, September 27th.

OTCMKTS IIPZF traded up $0.39 on Wednesday, hitting $9.20. 1,014 shares of the stock were exchanged, compared to its average volume of 21,984. Interrent Real Estate Investment Trust has a 52-week low of $7.18 and a 52-week high of $9.20.

Interrent Real Estate Investment Trust Company Profile

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. InterRent's primary objective is to use the proven industry experience of the Trustees, Management and Operational Team to: (i) provide Unitholders with stable and growing cash distributions from investments in a diversified portfolio of multi-residential properties; (ii) enhance the value of the assets and maximize long-term Unit value through the active management of such assets; and (iii) expand the asset base and increase Distributable Income through accretive acquisitions.

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Dividend History for Interrent Real Estate Investment Trust (OTCMKTS:IIPZF)

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