Primaris Real Estate Investment Trust (TSE:PMZ) Upgraded to “Strong-Buy” by Cibc World Mkts

Cibc World Mkts upgraded shares of Primaris Real Estate Investment Trust (TSE:PMZ) to a strong-buy rating in a research note issued to investors on Friday morning, Zacks.com reports.

Several other equities analysts have also recently commented on the stock. National Bank Financial cut shares of Primaris Real Estate Investment Trust from a strong-buy rating to a hold rating in a research note on Wednesday, July 17th. Scotiabank raised Primaris Real Estate Investment Trust to a hold rating in a report on Friday, June 14th.

Primaris Real Estate Investment Trust Stock Performance

Primaris Real Estate Investment Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st will be given a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Wednesday, July 31st.