Other equities research analysts have also issued research reports about the stock. Raymond James Financial, Inc. cut their price target on shares of Tricon Capital Group from C$14.00 to C$13.75 and set a strong-buy rating on the stock in a report on Friday, November 10th. Royal Bank Of Canada raised their price target on shares of Tricon Capital Group from C$13.00 to C$14.00 and gave the stock an outperform rating in a report on Thursday, November 9th. Finally, TD Securities dropped their target price on shares of Tricon Capital Group from C$13.50 to C$13.00 and set a buy rating for the company in a research report on Friday, August 11th.
Shares of Tricon Capital Group (TSE:TCN) opened at C$11.37 on Monday. Tricon Capital Group has a twelve month low of C$8.75 and a twelve month high of C$12.05.
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The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Sunday, December 31st will be given a dividend of $0.065 per share. The ex-dividend date is Thursday, December 28th. This represents a $0.26 dividend on an annualized basis and a yield of 2.29%. Tricon Capital Group’s dividend payout ratio (DPR) is currently 62.25%.
About Tricon Capital Group
Tricon Capital Group Inc is a Canada-based company, which is a principal investor and asset manager focused on the residential real estate industry in North America. The Company operates through five segments: Private Funds and Advisory (PF&A), Principal Investing in Tricon Housing Partners (THP), Tricon American Homes (TAH), Tricon Lifestyle Communities (TLC) and Tricon Luxury Residences (TLR).
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