CT Real Estate Investment (TSE:CRT – Free Report) – Stock analysts at Desjardins cut their FY2024 EPS estimates for CT Real Estate Investment in a research note issued to investors on Tuesday, May 7th. Desjardins analyst L. Kalmar now forecasts that the company will earn $1.34 per share for the year, down from their previous forecast of $1.36.
CT Real Estate Investment Price Performance
CT Real Estate Investment (TSE:CRT – Get Free Report) last released its earnings results on Tuesday, February 13th. The company reported C$0.16 earnings per share for the quarter, missing the consensus estimate of C$0.33 by C($0.17). The firm had revenue of C$139.97 million for the quarter.
CT Real Estate Investment Increases Dividend
The company also recently announced a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be given a $0.077 dividend. This is a positive change from CT Real Estate Investment’s previous monthly dividend of $0.08. The ex-dividend date is Friday, June 28th. This represents a $0.92 annualized dividend and a dividend yield of ∞.
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