Slate Grocery REIT (OTCMKTS:SRRTF) Trading 1.1% Higher – Still a Buy?

Slate Grocery REIT (OTCMKTS:SRRTFGet Free Report) shares traded up 1.1% on Wednesday . The company traded as high as $11.00 and last traded at $11.00. 29,063 shares changed hands during mid-day trading, an increase of 42% from the average session volume of 20,467 shares. The stock had previously closed at $10.8850.

Slate Grocery REIT Stock Performance

The company has a 50-day simple moving average of $10.64 and a 200-day simple moving average of $10.54.

Slate Grocery REIT Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a $0.072 dividend. The ex-dividend date was Friday, November 28th. This represents a yield of 798.0%.

About Slate Grocery REIT

(Get Free Report)

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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