Investors Real Estate Trust ( IRET ) will begin trading ex-dividend on March 16, 2017. A cash dividend payment of $0.07 per share is scheduled to be paid on April 03, 2017. Shareholders who purchased IRET prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -46.15% decrease from prior dividend payment.
The previous trading day's last sale of IRET was $5.79, representing a -22.9% decrease from the 52 week high of $7.51 and a 3.39% increase over the 52 week low of $5.60.
IRET is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). IRET's current earnings per share, an indicator of a company's profitability, is $.1. Zacks Investment Research reports IRET's forecasted earnings growth in 2017 as -36.84%, compared to an industry average of 1%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.