Generation Income Properties, Inc. (NASDAQ:GIPR) Plans Monthly Dividend of $0.04

Generation Income Properties, Inc. (NASDAQ:GIPRGet Free Report) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Thursday, February 15th will be given a dividend of 0.039 per share on Thursday, February 29th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 12.89%. The ex-dividend date is Wednesday, February 14th.

Generation Income Properties Trading Up 0.3 %

NASDAQ GIPR opened at $3.63 on Tuesday. Generation Income Properties has a 52 week low of $3.49 and a 52 week high of $6.19. The stock’s 50 day moving average price is $3.97 and its two-hundred day moving average price is $3.94. The company has a debt-to-equity ratio of 9.57, a quick ratio of 2.46 and a current ratio of 2.46.

Institutional Trading of Generation Income Properties

A hedge fund recently bought a new stake in Generation Income Properties stock. Stifel Financial Corp purchased a new position in shares of Generation Income Properties, Inc. (NASDAQ:GIPRFree Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 17,885 shares of the company’s stock, valued at approximately $71,000. Stifel Financial Corp owned approximately 0.68% of Generation Income Properties at the end of the most recent reporting period. 4.06% of the stock is currently owned by hedge funds and other institutional investors.

About Generation Income Properties

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Generation Income Properties, Inc, located in Tampa, Florida, is an internally managed real estate investment trust formed to acquire and own, directly and jointly, real estate investments focused on retail, office, and industrial net lease properties in densely populated submarkets.

See Also

Dividend History for Generation Income Properties (NASDAQ:GIPR)

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