InterRent Real Estate Investment Trust (IIPZF) to Distribute Jun 25 Dividend of $0.03 on July 15th

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) announced a jun 25 dividend on Tuesday, June 17th, RTT News reports. Investors of record on Monday, June 30th will be given a dividend of 0.0331 per share on Tuesday, July 15th.

InterRent Real Estate Investment Trust Stock Performance

OTCMKTS IIPZF opened at $10.06 on Thursday. The business’s 50-day moving average price is $8.67 and its 200 day moving average price is $7.70. InterRent Real Estate Investment Trust has a twelve month low of $6.57 and a twelve month high of $10.06. The company has a market capitalization of $1.41 billion, a PE ratio of -11.84 and a beta of 0.89. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.71.

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) last released its earnings results on Thursday, May 15th. The company reported $0.10 earnings per share for the quarter. InterRent Real Estate Investment Trust had a negative return on equity of 7.01% and a negative net margin of 70.17%.

About InterRent Real Estate Investment Trust

InterRent?REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution?through the acquisition and ownership of multi-residential properties. InterRent’s strategy is to expand its portfolio primarily within?markets that have exhibited stable market vacancies,?sufficient suites available to attain the critical mass necessary to implement?an efficient portfolio management structure, and?offer opportunities for accretive acquisitions.