Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Director Michael Blisko Buys 9,600 Shares

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Director Michael Blisko bought 9,600 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were acquired at an average price of $10.35 per share, for a total transaction of $99,360.00. Following the completion of the transaction, the director now directly owns 214,880 shares in the company, valued at approximately $2,224,008. This represents a 4.68 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Strawberry Fields REIT Price Performance

NYSEAMERICAN:STRW opened at $10.35 on Friday. The company has a market capitalization of $77.42 million, a PE ratio of 20.29 and a beta of 0.22. Strawberry Fields REIT, Inc. has a 1 year low of $6.56 and a 1 year high of $12.90.

Strawberry Fields REIT Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 16th will be given a $0.14 dividend. The ex-dividend date is Monday, December 16th. This is an increase from Strawberry Fields REIT’s previous quarterly dividend of $0.13. This represents a $0.56 dividend on an annualized basis and a yield of 5.41%. Strawberry Fields REIT’s dividend payout ratio (DPR) is currently 101.96%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Rhumbline Advisers purchased a new position in Strawberry Fields REIT during the 2nd quarter valued at $57,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Strawberry Fields REIT during the third quarter worth $45,000. Duncan Williams Asset Management LLC purchased a new stake in shares of Strawberry Fields REIT during the third quarter valued at $192,000. Barclays PLC increased its stake in Strawberry Fields REIT by 302.3% in the 3rd quarter. Barclays PLC now owns 8,697 shares of the company’s stock worth $110,000 after buying an additional 6,535 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Strawberry Fields REIT by 14.1% during the third quarter. Geode Capital Management LLC now owns 98,445 shares of the company’s stock valued at $1,249,000 after buying an additional 12,129 shares during the period.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.