Artis Real Estate Investment Trust (OTCMKTS:ARESF) Stock Price Up 11.3% – What’s Next?

Artis Real Estate Investment Trust (OTCMKTS:ARESFGet Free Report) rose 11.3% during trading on Wednesday . The company traded as high as $5.19 and last traded at $5.19. Approximately 4,400 shares were traded during trading, a decline of 71% from the average daily volume of 14,960 shares. The stock had previously closed at $4.66.

Artis Real Estate Investment Trust Stock Down 3.7 %

The stock has a 50 day moving average of $5.23 and a two-hundred day moving average of $5.37.

Artis Real Estate Investment Trust Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were given a $0.0349 dividend. This represents a dividend yield of 7.84%. The ex-dividend date was Monday, March 31st. Artis Real Estate Investment Trust’s dividend payout ratio is 84.74%.

Artis Real Estate Investment Trust Company Profile

(Get Free Report)

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.

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