Generation Income Properties, Inc. (GIPR) to Issue Monthly Dividend of $0.05 on May 30th

Generation Income Properties, Inc. (NASDAQ:GIPRGet Rating) declared a monthly dividend on Monday, April 4th, Wall Street Journal reports. Shareholders of record on Sunday, May 15th will be paid a dividend of 0.054 per share on Monday, May 30th. This represents a $0.65 dividend on an annualized basis and a yield of 9.32%. The ex-dividend date of this dividend is Thursday, May 12th.

GIPR stock opened at $6.95 on Tuesday. Generation Income Properties has a 1-year low of $5.75 and a 1-year high of $10.25. The business has a fifty day moving average price of $7.12 and a 200-day moving average price of $6.85. The company has a debt-to-equity ratio of 2.12, a quick ratio of 33.94 and a current ratio of 33.94.

An institutional investor recently bought a new position in Generation Income Properties stock. Susquehanna International Group LLP purchased a new position in Generation Income Properties, Inc. (NASDAQ:GIPRGet Rating) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,643 shares of the company’s stock, valued at approximately $72,000. Susquehanna International Group LLP owned about 0.54% of Generation Income Properties at the end of the most recent reporting period. Hedge funds and other institutional investors own 3.79% of the company’s stock.

Generation Income Properties Company Profile (Get Rating)

Generation Income Properties (GIP) is a Real Estate Investment Trust based in Tampa, Florida that specializes in acquiring a diversified portfolio of high quality single tenant properties. Our portfolio consists of office, industrial and retail assets across the United States occupied by primarily investment grade credit tenants.

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Dividend History for Generation Income Properties (NASDAQ:GIPR)

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