Slate Grocery REIT (OTCMKTS:SRRTF – Get Free Report)’s share price dropped 0.6% on Monday . The stock traded as low as $9.48 and last traded at $9.54. 43,673 shares changed hands during mid-day trading, a decline of 23% from the average session volume of 56,891 shares. The stock had previously closed at $9.60.
Slate Grocery REIT Stock Performance
The firm’s 50-day simple moving average is $10.03 and its 200-day simple moving average is $9.53.
Slate Grocery REIT Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.072 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.86 annualized dividend and a yield of 9.06%.
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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