City Office REIT, Inc. (NYSE:CIO) will begin trading ex-dividend on July 9, 2020. The 2Q20 dividend payment of $ 0.15 per share is scheduled to be paid on July 24, 2020. Shareholders who purchased CIO prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
wpDataTable with provided ID not found!Recent Earnings Announcement
City Office REIT, Inc. revealed income for the first quarter of $ 0.26 per share, from the revenue of $ 40.12 million. The quarterly earnings compared with the same quarter last year. Street analysts expected City Office REIT, Inc. to report loss of $ 0.02 per share on revenue of $ 39.57 million for the first quarter. The bottom line results street analysts by $ 0 or , at the same time, top line results topped analysts by $ 0.55 million or 1.39 percent.
Stock Performance
According to the previous trading day, closing price of CIO was $ 9.64, representing a 48.31 % increase from the 52 week low of $ 6.50 and a 33.52 % decrease over the 52 week high of $ 14.50.
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The company has a market capital of $ 458.59 million and is part of the Real Estate sector and REIT – Office industry.
City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At March 31, 2019, CIO owned office complexes comprising 5.7 million square feet of net rentable area (NRA).
