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Allied Properties Real Estate Investment declared a monthly dividend of 0.15 per share, an increase from its previous dividend of $0.14. The company also announced that it had a trading volume of 575,164 shares and a 12 month low of C$15.01 and a 12 month high of C$30.95. The company has a market cap of C$2.59 billion, a P/E ratio of -56.94, and a beta of 1.10. Analysts have issued ratings on the company, with two holding and five buying, resulting in an average rating of “Moderate Buy” and a consensus price target of C$22.61.

Allied Properties Real Estate Investment is a leading owner, manager, and developer of urban workspaces in Canada’s major cities and network-dense urban data centers in Toronto that form Canada’s hub for global connectivity. The company is known for providing knowledge-based organizations with distinctive urban environments for creativity and connectivity. While it currently has a “Moderate Buy” rating among analysts, top-rated analysts believe that there are better investment opportunities elsewhere.



Read more: Allied Properties Real Estate Investment (TSE:AP.UN) Raises Dividend to $0.15 Per Share