Artis Real Estate Investment Trust (OTCMKTS:ARESF) Increases Dividend to $0.04 Per Share

Artis Real Estate Investment Trust (OTCMKTS:ARESF) declared a dividend on Wednesday, February 26th, investing.com reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.0353 per share on Friday, March 14th. This represents a dividend yield of 7.77%. The ex-dividend date is Friday, February 28th. This is a boost from Artis Real Estate Investment Trust’s previous dividend of $0.03.

Artis Real Estate Investment Trust Price Performance

OTCMKTS:ARESF traded up $0.01 during trading hours on Wednesday, hitting $5.45. 8,264 shares of the stock traded hands, compared to its average volume of 14,971. Artis Real Estate Investment Trust has a fifty-two week low of $4.07 and a fifty-two week high of $6.01. The firm has a 50 day moving average price of $5.18 and a 200 day moving average price of $5.43.

About Artis Real Estate Investment Trust

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.