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

Slate Grocery REIT (OTCMKTS:SRRTF) declared a monthly dividend on Monday, March 17th, NASDAQ Dividends reports. Investors of record on Monday, March 31st will be given a dividend of 0.072 per share on Tuesday, April 15th. This represents a $0.86 annualized dividend and a dividend yield of 8.83%. The ex-dividend date of this dividend is Monday, March 31st.

Slate Grocery REIT Stock Performance

Shares of OTCMKTS:SRRTF traded down $0.09 during midday trading on Tuesday, hitting $9.78. 39,218 shares of the company’s stock traded hands, compared to its average volume of 28,504. The firm’s fifty day moving average price is $9.71 and its two-hundred day moving average price is $9.92. Slate Grocery REIT has a twelve month low of $7.72 and a twelve month 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.