Shares of Presidio Property Trust, Inc. (NASDAQ:SQFTP – Get Free Report) shot up 0.8% during mid-day trading on Wednesday after the company announced a dividend. The stock traded as high as $14.30 and last traded at $14.15. 3,182 shares were traded during trading, a decline of 19% from the average session volume of 3,944 shares. The stock had previously closed at $14.04.
The newly announced dividend which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be given a dividend of $0.1953 per share. This represents a dividend yield of 16.39%. The ex-dividend date is Wednesday, April 30th.
Presidio Property Trust Trading Up 0.8 %
The business’s 50-day moving average price is $14.60 and its two-hundred day moving average price is $14.52.
About Presidio Property Trust
Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. Presidio's model homes are leased to homebuilders located in Arizona, Illinois, Texas, Wisconsin, and Florida. Our office, industrial and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California.
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