European Commercial REIT (TSE:ERE) declared a monthly dividend of 0.015 per share, resulting in an infinite yield due to low share price.

European Commercial REIT (TSE:ERE) declared a monthly dividend of 0.015 per share, payable on July 15th to shareholders of record on June 28th, resulting in an annualized dividend of $0.18 and an infinite yield due to the low share price. The company reported Q1 earnings of $0.14 EPS, exceeding analysts' estimates by $0.08, with revenue of $35.77M. Echelon Wealth Partners upgraded the shares from "hold" to "speculative buy" on February 22nd.

June 19, 2024
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