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Pure Multi-Family drops 2.3%, 2 days' volume in a day post dividend February 05, 2018 17:00 EST

Feb 05, 2018 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Pure Multi-Family REIT LP (TSXV:RUF.U), Canada's 18th largest Real Estate Investment Trust (REIT) by market cap, has dropped 15.0c (2.3%) from its last trading session of February 01 to close at $US6.25. Compared with the S&P/TSX 60 Index which fell 18.1 points (2%) in the day, the relative price change was -0.4%. The fall was exacerbated by high volume of 2.2 times the average daily volume of 14,251 units.

DIVIDENDS

The units dropped 3.8% in the 3 ...