Investors Real Estate Trust (NYSE:IRET) Reports Dividend Payout


Investors Real Estate Trust (NYSE:IRET) latest PR states that its stakeholders will get cash payout of $0.13 per share. For the dividend payment, the record date is 2016-06-15, the payment date is 2016-07-01, and the ex-dividend date is 2016-06-13. This news was issued on 2016-07-26.

Shareholders of Investors Real Estate Trust (NYSE:IRET) will have to hold its stock till the ex-dividend date to be eligible for dividend. In last year the company paid a total dividend of $0.13 per share against the dividend payout of $0.13 a share in the comparable period, implying a difference of 0%.

The experts are predicting EPS of $0.12. Investors Real Estate Trust (NYSE:IRET) has a short-range price target of $7.1, which is the average price of the stock opinions given by 3 analysts. These experts have placed the target range of $6.8 to $7.5 for the next year. Due to this, the standard deviation is noted at $0.36 after considering all the price estimates.

It can be explained as the deviation between the bullish and bearish price target as given by analysts. For the period closed on 2016-04-30, Investors Real Estate Trust (NYSE:IRET) reported EPS of $0.14. The firm is likely to post financial figures for the quarter ending on 2016-07-31 on or around 2016-09-14.

Shares of the Investors Real Estate Trust (NYSE:IRET) traded in the range of $6.53 to $6.64 and closed the last trading session at $6.58 on a volume of ((Volume:238}}.

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