Sila Realty Trust, Inc. (NYSE:SILA) Announces $0.13 Monthly Dividend

Sila Realty Trust, Inc. (NYSE:SILA) announced a monthly dividend on Friday, October 18th, NASDAQ reports. Stockholders of record on Thursday, October 31st will be given a dividend of 0.1333 per share on Friday, November 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date is Thursday, October 31st.

Sila Realty Trust Stock Performance

Shares of NYSE SILA traded up $0.04 during mid-day trading on Tuesday, reaching $25.24. 38,234 shares of the company were exchanged, compared to its average volume of 584,838. Sila Realty Trust has a 52 week low of $7.45 and a 52 week high of $26.50. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.24 and a current ratio of 2.24. The stock has a 50 day moving average of $25.00.

Analyst Ratings Changes

SILA has been the subject of a number of research analyst reports. Janney Montgomery Scott assumed coverage on shares of Sila Realty Trust in a report on Thursday, October 3rd. They set a “buy” rating and a $28.00 price objective for the company. Truist Financial assumed coverage on shares of Sila Realty Trust in a research report on Monday, October 7th. They issued a “buy” rating and a $29.00 target price on the stock.

Sila Realty Trust Company Profile

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams.