CAR-UN.TO - Canadian Apartment Properties Real Estate Investment Trust
| Previous Close | 50.86 |
| Open | 50.79 |
| Bid | 51.18 x 0 |
| Ask | 51.23 x 0 |
| Day's Range | 50.60 - 51.30 |
| 52 Week Range | 39.08 - 51.30 |
| Volume | |
| Avg. Volume | 353,728 |
| Market Cap | 8.653B |
| Beta (5Y Monthly) | 1.07 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.80 |
| Earnings Date | Aug 08, 2023 - Aug 14, 2023 |
| Forward Dividend & Yield | 1.45 (2.88%) |
| Ex-Dividend Date | May 30, 2023 |
| 1y Target Est | 56.77 |
GlobeNewswireCAPREIT Announces Results of 2023 Annual General Meeting
TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that, at its Annual General Meeting of Unitholders held today (the “Meeting”), each of the items of business referred to in its management information circular dated April 12, 2023 (the “Circular”) were passed by a vote held by ballot. A total of 114,028,175 units and special voting units of CAPREIT (collectively, “Units”), in the aggregate, representing
The Motley FoolPassive-Income Power Play: 2 Canadian Stocks That Are Getting Cheap
Canadian Apartment Properties REIT (TSX:CAR.UN) and another passive-income power play worth buying amid turbulent times. The post Passive-Income Power Play: 2 Canadian Stocks That Are Getting Cheap appeared first on The Motley Fool Canada.
- GlobeNewswire
CAPREIT Announces May 2023 Distribution
TORONTO, May 15, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its May 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The May distribution will be payable on June 15, 2023 to Unitholders of record on May 31, 2023. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at March 31, 2023, CAPREIT owns approximately 66,000 residential apartment
- GlobeNewswire
CAPREIT Reports First Quarter 2023 Results
TORONTO, May 12, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") (TSX: CAR.UN) announced today continued growth and strong operating and financial results for the three months ended March 31, 2023. Management will host a conference call to discuss the financial results on Monday, May 15, 2023 at 9:00 a.m. EST. HIGHLIGHTS: As atMarch 31, 2023December 31, 2022March 31, 2022Total Portfolio Performance and Other Measures Number of suites and sites 65,5
- GlobeNewswire
CAPREIT Continues To Make Progress on Strategic Repositioning Program
TORONTO, May 11, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the disposition of a non-core portfolio containing 180 residential suites and one commercial unit in Montréal, Québec. The properties were built approximately 50 years ago and were sold for an aggregate consideration of $27.8 million (excluding disposition costs). CAPREIT also discharged the $12.4 million mortgage principal outstandin
The Motley Fool3 Canadian Real Estate Stocks Set to Profit from the Housing Boom
The Canadian housing market is likely to continue trading on the downside, but could turn around at the end of 2023. So, where to invest? The post 3 Canadian Real Estate Stocks Set to Profit from the Housing Boom appeared first on The Motley Fool Canada.
- GlobeNewswire
CAPREIT Announces April 2023 Distribution
TORONTO, April 17, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its April 2023 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis). The April distribution will be payable on May 15, 2023 to Unitholders of record on April 28, 2023. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at December 31, 2022, CAPREIT owns or has interests in approximatel
- GlobeNewswire
CAPREIT Announces Timing of First Quarter 2023 Results & Conference Call
TORONTO, March 23, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three months ended March 31, 2023 after markets close on: Friday, May 12, 2023 A conference call to discuss the results will be hosted by the CAPREIT senior management team on: Monday, May 15, 2023 at 9:00 am ET The telephone numbers for the conference call are: Canadian Toll Free: (833) 950-0062International:
- GlobeNewswire
CAPREIT Announces Renewal of Normal Course Issuer Bid
TORONTO, March 21, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) today announced that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to proceed with a normal course issuer bid. CAPREIT’s Board of Trustees believes that a normal course issuer bid represents an appropriate and desirable use of its available liquidity to increase unitholder value and is in the best interest of CAPREIT and its unitholders. A
- GlobeNewswire
CAPREIT Announces March 2023 Distribution
TORONTO, March 15, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its March 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The March distribution will be payable on April 17, 2023 to Unitholders of record on March 31, 2023. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at December 31, 2022, CAPREIT owns or has interests in approxima
- GlobeNewswire
CAPREIT Extracts Development Value From Land Disposition in Montréal
TORONTO, March 06, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the disposition of a parking lot site located in Montréal, Québec, for gross consideration of $17.25 million (excluding disposition costs). The under-utilized land is located adjacent to an existing multi-residential building owned by CAPREIT. The site plan was approved by local planning authorities, the land was severed, and buildi
- GlobeNewswire
CAPREIT Announces Strategic Capital Recycling in Ottawa
TORONTO, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of an on-strategy, newly-built property located in a major suburb of Ottawa. The amenity-rich property, which contains 143 residential suites that are approximately 95% occupied, is located in close proximity to another newly-built property that CAPREIT purchased in 2022, providing economies of scale. CAPREIT acquired
- GlobeNewswire
CAPREIT Announces Appointment of New Board of Trustee Member and Resignation of Trustee
TORONTO, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) is pleased to announce that Ms. Jennifer Stoddart has joined CAPREIT’s Board of Trustees (the “Board”) effective February 27, 2023. CAPREIT has also announced that Jamie Schwartz has stepped down from the Board, effective as of February 22, 2023, to focus on his other endeavors. Mr. Schwartz served as a trustee of CAPREIT since his appointment to the Board in 2018. Ms. S
- GlobeNewswire
CAPREIT Reports Fourth Quarter and Year-End 2022 Results
TORONTO, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") (TSX: CAR.UN) announced today continued growth and strong operating and financial results for the three months and year ended December 31, 2022. Management will host a conference call to discuss the financial results on Thursday, February 23, 2023 at 9:00 a.m. EST. HIGHLIGHTS: Three Months EndedYear Ended December 31,December 31, 2022 2021 2022 2021 Portfolio Performance Overall port
- GlobeNewswire
CAPREIT Announces February 2023 Distribution
TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its February 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The February distribution will be payable on March 15, 2023 to Unitholders of record on February 28, 2023. CAPREIT is Canada’s largest publicly-traded provider of quality rental housing. As at December 31, 2022, CAPREIT owns or has interests in a
The Motley FoolTFSA Investors: Everyone Else Has Forgotten About This 1 Passive-Income Stock
Canadian Apartment Properties REIT (TSX:CAR.UN) is a magnificent REIT for long-term TFSA investors to consider buying for 2023. The post TFSA Investors: Everyone Else Has Forgotten About This 1 Passive-Income Stock appeared first on The Motley Fool Canada.
- GlobeNewswire
CAPREIT Announces Disposition of Non-Core Assets in Ottawa
TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the disposition of its 50% non-managing interest in three jointly owned properties located in Ottawa, Ontario. The off-strategy, value-add assets were built between 1969 and 1981 and require ongoing capital expenditure to support their current growth profiles. CAPREIT’s 50% share in the aggregate 1,150 residential suites was sold for
- GlobeNewswire
CAPREIT Applauds Premier Eby’s Rental Protection Fund
A cost-effective tool for affordable long-term rental housing for vulnerable communitiesOTTAWA, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX: CAR.UN) enthusiastically welcomes British Columbia Premier David Eby’s announcement of a $500 million Rental Protection Fund. The fund will provide non-profit housing organizations with one-time capital grants so they can purchase affordable residential rental buildings to preserve affordabilit
- GlobeNewswire
CAPREIT Announces January 2023 Distribution
TORONTO, Jan. 16, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its January 2023 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis). The January distribution will be payable on February 15, 2023 to Unitholders of record on January 31, 2023. CAPREIT is Canada’s largest publicly-traded provider of quality rental housing. CAPREIT currently owns or has interests in approximately 67
- GlobeNewswire
CAPREIT Announces Timing of Year End 2022 Results & Conference Call
TORONTO, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the year ended December 31, 2022 after markets close on: Wednesday, February 22, 2023 A conference call to discuss the results will be hosted by the CAPREIT senior management team on: Thursday, February 23, 2023 at 9:00 am ET The telephone numbers for the conference call are: North American Toll Free: (844) 200-6205
- GlobeNewswire
CAPREIT Announces December 2022 Distribution and Special Non-Cash Distribution
TORONTO, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its December 2022 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The December distribution will be payable on January 16, 2023 to Unitholders of record at the close of business on December 30, 2022. CAPREIT also announced that it has declared a special non-cash distribution of $0.36 per Unit, payable in Units of
- GlobeNewswire
CAPREIT Announces November 2022 Distribution
TORONTO, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its November 2022 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The November distribution will be payable on December 15, 2022 to Unitholders of record on November 30, 2022. CAPREIT is Canada’s largest publicly-traded provider of quality rental housing. CAPREIT currently owns or has interests in approximately
GlobeNewswireFive Major Residential Rental REITs launch ForAffordable.ca
A window into how Canada’s five largest publicly traded residential rental REITs operate and their ideas to address the housing supply and affordability crisis in CanadaOTTAWA, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Canada’s five (5) largest residential rental real estate investments trusts (REITs) announce the launch of ForAffordable.ca, a new website from Canadian rental housing providers that sets out the facts on how residential REITs operate in Canada’s rental market, as well as their ideas for
The Motley Fool2 Sneaky-Easy Ways to Invest in Real Estate Without Being a Landlord
Two Canadian REITs that pay attractive dividends are ideal options for passive income investors. The post 2 Sneaky-Easy Ways to Invest in Real Estate Without Being a Landlord appeared first on The Motley Fool Canada.
- The Motley Fool
5 Reasons CAR.UN Stock Is a Top Canadian REIT to Buy Today
Here are just five of the many reasons why CAR.UN stock is one of the best long-term investments to buy today. The post 5 Reasons CAR.UN Stock Is a Top Canadian REIT to Buy Today appeared first on The Motley Fool Canada.