Killam Apartment REIT stock heads toward an October 15 payout
Published on 10/07/2026 at 06:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Killam Apartment REIT (ISIN CA49410M1023) was last at CAD 17.44 on the TSX on October 6, 2026 at 4:00 p.m. ET, up 0.35 percent from the prior close. The next scheduled cash distribution is CAD 0.06 per unit on October 15, 2026.
October payout sets the near term
According to MarketScreener on September 16, 2026, Killam declared the September distribution for unitholders registered on September 29, with payment scheduled for October 15. The monthly payout provides a defined income date while the unit price remains below its October 6 2026 high of CAD 17.58.
The distribution is also a recurring operating signal for a residential REIT. Killam owns, operates and develops apartments, manufactured home communities and commercial properties across Canada, with residential assets forming the central investment story.
Q2 revenue reached CAD 99.16 million
Killam's latest reported quarter ended June 30, 2026. MarketBeat reported quarterly revenue of CAD 99.16 million and EPS of CAD 0.53 for Q2 2026. Those figures give the payout discussion a concrete operating base rather than leaving the investment case dependent on distribution yield alone.
Killam also reported a 2026 GRESB score of 83.9 for its standing investments, based on the 2025 reporting year. Newswire said on October 6, 2026 that the score improved by 2.2 points year over year, with solar installations at 13 additional buildings among the listed initiatives.
Analysts see CAD 20.44 target
MarketBeat wrote on September 26, 2026 that all seven covering brokerages rated Killam Buy and that the average 12-month price target was CAD 20.44. Against the October 6 last price of CAD 17.44, that consensus target lies 17.2 percent above the price, a gap that places operating execution and financing conditions at the center of the valuation debate.
Units remain inside the yearly range
Killam's October 6 market capitalization was CAD 2.1 billion, with 251,109 units traded. The CAD 15.65 to CAD 19.21 52-week range puts the last price 9.2 percent below the yearly high and 11.4 percent above the yearly low.
Price holds above CAD 17
Killam Apartment REIT was last at CAD 17.44 on the TSX on October 6, 2026 at 4:00 p.m. ET. The October 15 distribution, Q2 revenue of CAD 99.16 million and the CAD 20.44 analyst consensus target define the next checkpoints for the units.
Killam Apartment REIT stock at a glance
- Company: Killam Apartment Real Estate Investment Trust
- ISIN: CA49410M1023
- Ticker: KMP.UN
- Trading venue: Toronto Stock Exchange
- Price (as of October 6, 2026, 4:00 p.m. ET): CAD 17.44
- Market capitalization: CAD 2.1 billion (as of October 6, 2026)
- 52-week range: CAD 15.65-19.21 (as of October 6, 2026)
- Sector / Industry: Real Estate / Residential REITs
Upcoming dates for Killam Apartment REIT stock
- October 15, 2026: September distribution payment
