Slate Grocery REIT Announces Monthly Dividend of $0.07 (TSE:SGR.UN)

Slate Grocery REIT (TSE:SGR.UN) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.072 per share on Tuesday, February 18th. This represents a $0.86 annualized dividend and a dividend yield of 6.17%. The ex-dividend date of this dividend is Friday, January 31st.

Slate Grocery REIT Stock Performance

SGR.UN opened at C$14.00 on Wednesday. The business’s 50-day moving average price is C$14.07 and its two-hundred day moving average price is C$13.45. Slate Grocery REIT has a 1 year low of C$10.59 and a 1 year high of C$15.14. The company has a market capitalization of C$826 million, a price-to-earnings ratio of 18.42 and a beta of 1.66. The company has a debt-to-equity ratio of 133.42, a current ratio of 0.09 and a quick ratio of 0.38.

About Slate Grocery REIT

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.3 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.