Slate Grocery REIT (OTCMKTS:SRRTF – Get Free Report)’s stock price was up 0.1% during mid-day trading on Friday . The company traded as high as $11.49 and last traded at $11.4740. Approximately 33,411 shares changed hands during mid-day trading, an increase of 128% from the average daily volume of 14,650 shares. The stock had previously closed at $11.4620.
Slate Grocery REIT Price Performance
The company has a 50 day simple moving average of $11.35 and a 200-day simple moving average of $10.80.
Slate Grocery REIT Dividend Announcement
The company also recently disclosed a dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a $0.072 dividend. This represents a yield of 798.0%. The ex-dividend date was Friday, November 28th.
About Slate Grocery REIT
Slate Grocery REIT is a real estate investment trust that specializes in owning and operating grocery-anchored retail properties across the United States. The company focuses on net lease investments in everyday necessity properties, primarily grocery stores, pharmacies and other essential retailers that benefit from stable consumer demand and predictable cash flows.
The REIT’s portfolio is concentrated in single-tenant and small multi-tenant sites that are typically leased to investment-grade operators.
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