Medalist Diversified REIT, Inc. (NASDAQ:MDRRP – Get Free Report) declared a quarterly dividend on Monday, April 8th, NASDAQ reports. Investors of record on Monday, April 22nd will be given a dividend of 0.50 per share on Thursday, April 25th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.16%. The ex-dividend date is Friday, April 19th.
Medalist Diversified REIT has raised its dividend by an average of 26.0% per year over the last three years.
Medalist Diversified REIT Price Performance
Shares of NASDAQ MDRRP opened at $24.51 on Thursday. The business’s 50 day moving average is $24.29 and its two-hundred day moving average is $23.68. Medalist Diversified REIT has a 52-week low of $9.60 and a 52-week high of $28.49.
About Medalist Diversified REIT
Medalist Diversified REIT Inc is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. The Company's strategy is to focus on commercial real estate which is expected to provide an attractive balance of risk and returns.
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