Medalist Diversified REIT, Inc. (NASDAQ:MDRRP – Get Free Report) announced a quarterly dividend on Thursday, October 3rd, NASDAQ reports. Shareholders of record on Wednesday, October 16th will be paid a dividend of 0.50 per share on Monday, October 21st. This represents a $2.00 dividend on an annualized basis and a yield of 8.09%. The ex-dividend date of this dividend is Wednesday, October 16th.
Medalist Diversified REIT has increased its dividend by an average of 3.0% annually over the last three years.
Medalist Diversified REIT Trading Up 0.2 %
Shares of Medalist Diversified REIT stock traded up $0.06 on Monday, hitting $24.72. 600 shares of the company’s stock traded hands, compared to its average volume of 1,115. Medalist Diversified REIT has a 52-week low of $21.96 and a 52-week high of $28.49.
About Medalist Diversified REIT
Medalist Diversified REIT Inc is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. The Company’s strategy is to focus on commercial real estate which is expected to provide an attractive balance of risk and returns.
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