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Primaris Retail R.E. Invest. Tr. Units (PMZ-UN.TO) has raised its dividend 3 times on record

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Dividend history

Primaris Retail R.E. Invest. Tr. Units

PMZ-UN.TO

Full quote →
$0.000$0.037$0.0732025-04-30: $0.07202025-05-30: $0.07202025-06-30: $0.07202025-07-31: $0.07202025-08-29: $0.07202025-09-29: $0.07202025-10-31: $0.07202025-11-28: $0.07202025-12-31: $0.07302026-01-30: $0.07302026-02-27: $0.07302026-05-29: $0.07302026-06-30: $0.07302026-07-31: $0.07302026-08-31: $0.07332026-09-29: $0.0733Apr 25Dec 25Sep 26

Recent payments

$0.0733CAD

Ex: Sep 29, 2026

Pay: Oct 15

Monthly

$0.0733CAD

Ex: Aug 31, 2026

Pay: Sep 15

Monthly

$0.0730CAD

Ex: Jul 31, 2026

Pay: Aug 17

Monthly

$0.0730CAD

Ex: Jun 30, 2026

$0.0730CAD

Ex: May 29, 2026

$0.0730CAD

Ex: Feb 27, 2026

$0.0730CAD

Ex: Jan 30, 2026

$0.0730CAD

Ex: Dec 31, 2025

Pay: Jan 15

$0.0720CAD

Ex: Nov 28, 2025

Pay: Dec 15

$0.0720CAD

Ex: Oct 31, 2025

Pay: Nov 17


Primaris Retail R.E. Investment Trust (PMZ-UN.TO) has a strong history of paying dividends, having raised its dividend three times since it started.

As of now, the company has made 34 dividend payments over about 2.9 years, showing its dedication to providing value to shareholders through regular payouts.

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Primaris Retail R.E. Invest. Tr. Units

PMZ-UN.TO

Full stock page →

PMZ-UN.TO

Primaris Retail R.E. Invest. Tr. Units

Source:WealthAwesomeWealthAwesome
↑ $3.21 (17.18%)
120 day period
$18.64$20.92$23.20Apr 13Jul 8Oct 1

Market cap

$3.06B

P/E

21.6x

Div. yield

3.97%

Div. / share

$0.87

52W high

$23.13

52W low

$13.99

1W change

+1.91%

Beta

1.04

Analyst Price Targets

Based on analyst covering PMZ-UN · as of Sep 24, 2026

📈

Wall Street analysts forecast PMZ-UN stock price to rise 16.5% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$25.50

+16.5% Upside

Previously C$25.30 on Sep 23, 2026

Current Price

C$21.89

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on PMZ-UN's historical volatility

HistoricalForecast68%95%
C$17.01C$19.06C$21.10C$23.15C$25.19C$27.24TodayMay 26Jul 29Oct 1Nov 13Dec 27Feb 8

30-Day Vol

17.2%

Annualized

90-Day Vol

16.5%

Annualized

Trend (90d)

-4.6%

Annualized drift

90d Mean

C$21.53

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$21.77C$20.52 – C$23.10
60 trading daysC$21.65C$19.91 – C$23.55
90 trading daysC$21.53C$19.43 – C$23.86

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Investor takeaway: For Canadian retail investors, Primaris offers a dependable monthly dividend, which is especially beneficial when held in tax-advantaged accounts like a TFSA or RRSP.

3 Dividend Raises in 2.9 Years

Primaris has increased its dividend three times, highlighting its stability and growth potential in the real estate sector.

Dividend Payment History

Since its inception, Primaris has made 34 dividend payments, maintaining a consistent monthly payout structure. The latest dividend was declared on July 7, 2026, with an ex-dividend date of July 31, 2026. Shareholders can expect their next payment of CA$0.073 CAD on August 17, 2026.

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Dividend Growth

The company has successfully raised its dividend three times, indicating a positive trend in its financial performance and commitment to returning capital to shareholders. This growth in dividends can be appealing for investors looking for regular income from their investments.

Current Dividend Metrics

Currently, Primaris offers a trailing yield of 3.91%. With its established payment history and recent dividend increase, the company remains a reliable choice for income-focused investors in the real estate sector.

Dividend calendar

TickerPMZ-UN.TO
AmountCA$0.073
Ex-dividend2026-07-31
Record2026-07-31
Payment2026-08-17
Declared2026-07-07
Trailing yield3.91%
Stock pagePMZ-UN.TO dividend history

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Wealth Awesome
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This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: August 12, 2026
Last Updated: October 2, 2026

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