Clipper Realty Inc. Announces Quarterly Dividend of $0.10 (NYSE:CLPR)

Clipper Realty Inc. (NYSE:CLPRGet Free Report) declared a quarterly dividend on Thursday, October 31st, NASDAQ reports. Investors of record on Wednesday, November 13th will be given a dividend of 0.095 per share on Wednesday, November 27th. This represents a $0.38 dividend on an annualized basis and a yield of 6.45%. The ex-dividend date is Wednesday, November 13th.

Clipper Realty Stock Performance

Shares of NYSE CLPR traded down $0.69 during midday trading on Friday, hitting $5.89. 187,671 shares of the stock traded hands, compared to its average volume of 79,859. Clipper Realty has a one year low of $3.38 and a one year high of $7.12. The business has a 50 day moving average price of $5.63 and a two-hundred day moving average price of $4.52. The company has a market cap of $94.71 million, a PE ratio of -18.84 and a beta of 1.34.

Clipper Realty (NYSE:CLPRGet Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.16). The business had revenue of $37.35 million during the quarter, compared to the consensus estimate of $35.80 million. Clipper Realty had a negative net margin of 2.54% and a negative return on equity of 85.95%. During the same quarter last year, the company earned $0.13 EPS. As a group, equities research analysts forecast that Clipper Realty will post 0.48 EPS for the current fiscal year.

Clipper Realty Company Profile

(Get Free Report)

Clipper Realty Inc (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn.

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Dividend History for Clipper Realty (NYSE:CLPR)

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