Slate Grocery REIT (OTCMKTS:SRRTF – Get Free Report) shares shot up 0.2% during mid-day trading on Friday . The company traded as high as $9.33 and last traded at $9.32. 2,856 shares were traded during mid-day trading, a decline of 83% from the average session volume of 16,770 shares. The stock had previously closed at $9.30.
Slate Grocery REIT Stock Up 0.2 %
The firm’s fifty day moving average price is $8.94 and its 200-day moving average price is $8.72.
Slate Grocery REIT Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be paid a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a yield of 9.27%. The ex-dividend date of this dividend is Tuesday, January 30th.
About Slate Grocery REIT
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $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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