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

Slate Grocery REIT (OTCMKTS:SRRTF) announced a monthly dividend on Monday, December 16th,NASDAQ Dividends reports. Stockholders of record on Tuesday, December 31st will be paid a dividend of 0.072 per share on Wednesday, January 15th. This represents a $0.86 annualized dividend and a dividend yield of 8.41%. The ex-dividend date of this dividend is Tuesday, December 31st.

Slate Grocery REIT Price Performance

SRRTF traded down $0.01 during trading hours on Monday, reaching $10.27. 14,624 shares of the company’s stock traded hands, compared to its average volume of 14,139. The firm has a 50-day moving average price of $10.16 and a 200 day moving average price of $9.35. Slate Grocery REIT has a 52-week low of $7.72 and a 52-week high of $10.96.

Slate Grocery REIT Company Profile

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.