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Summit Industrial Income decreases 1.4%, 3 days' volume in a day post dividend February 05, 2018 17:00 EST

Feb 05, 2018 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Summit Industrial Income REIT (TSX:SMU.UN), Canada's 20th largest Real Estate Investment Trust (REIT) by market cap, has decreased 11.0c (1.4%) from its last trading session of February 02 to close at CAD7.84. Compared with the S&P/TSX 60 Index which fell 18.1 points (2%) in the day, the relative price increase was 0.6%. The fall was exacerbated by strong volume of 2.9 times the average daily volume of 121,354 units.

DIVIDENDS

The units dropped 2.7%...