Slate Grocery REIT (OTCMKTS:SRRTF – Get Free Report) shares were down 2.7% on Tuesday . The company traded as low as $8.90 and last traded at $8.90. Approximately 54,943 shares were traded during mid-day trading, an increase of 74% from the average daily volume of 31,587 shares. The stock had previously closed at $9.15.
Slate Grocery REIT Stock Performance
The company’s 50-day moving average price is $9.82 and its 200-day moving average price is $9.91.
Slate Grocery REIT Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.072 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 9.71%. The ex-dividend date is Monday, March 31st.
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.
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