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

Slate Grocery REIT (OTCMKTS:SRRTF) declared a monthly dividend on Monday, April 15th, NASDAQ reports. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.072 per share on Wednesday, May 15th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 11.06%. The ex-dividend date of this dividend is Monday, April 29th.

Slate Grocery REIT Price Performance

Shares of Slate Grocery REIT stock traded down $0.04 during trading hours on Wednesday, reaching $7.81. The company had a trading volume of 12,455 shares, compared to its average volume of 18,861. Slate Grocery REIT has a one year low of $6.94 and a one year high of $10.44. The business has a fifty day simple moving average of $8.47 and a 200 day simple moving average of $8.37.

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.