Slate Grocery REIT Declares Monthly Dividend of $0.07 (OTCMKTS:SRRTF)

Slate Grocery REIT (OTCMKTS:SRRTF) announced a monthly dividend on Tuesday, February 18th,NASDAQ Dividends reports. Shareholders of record on Friday, February 28th will be given a dividend of 0.072 per share on Monday, March 17th. This represents a $0.86 annualized dividend and a yield of 8.54%. The ex-dividend date is Friday, February 28th.

Slate Grocery REIT Price Performance

SRRTF stock traded down $0.08 during midday trading on Wednesday, hitting $10.12. 22,187 shares of the company’s stock were exchanged, compared to its average volume of 27,334. The business has a 50-day simple moving average of $9.66 and a two-hundred day simple moving average of $9.79. Slate Grocery REIT has a 1-year low of $7.72 and a 1-year high of $10.96.

About Slate Grocery REIT

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.