Artis Real Estate Investment Trust (OTCMKTS:ARESF) Trading Up 0.3% – Time to Buy?

Artis Real Estate Investment Trust (OTCMKTS:ARESF) shares were up 0.3% during trading on Wednesday . The company traded as high as $5.40 and last traded at $5.39. Approximately 9,682 shares traded hands during trading, a decline of 39% from the average daily volume of 15,823 shares. The stock had previously closed at $5.37.

Artis Real Estate Investment Trust Stock Down 0.6 %

The business has a 50 day moving average price of $5.26 and a 200-day moving average price of $5.45.

Artis Real Estate Investment Trust Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, March 3rd were given a $0.0353 dividend. This is a boost from Artis Real Estate Investment Trust’s previous dividend of $0.03. This represents a yield of 7.77%. The ex-dividend date was Friday, February 28th. Artis Real Estate Investment Trust’s dividend payout ratio is presently 84.74%.

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.