Medalist Diversified REIT, Inc. (NASDAQ:MDRRP – Get Free Report) declared a quarterly dividend on Friday, July 5th, Wall Street Journal reports. Shareholders of record on Tuesday, July 23rd will be given a dividend of 0.50 per share on Friday, July 26th. This represents a $2.00 dividend on an annualized basis and a yield of 8.10%. The ex-dividend date is Tuesday, July 23rd.
Medalist Diversified REIT has increased its dividend by an average of 3.0% annually over the last three years.
Medalist Diversified REIT Price Performance
Medalist Diversified REIT stock opened at $24.70 on Monday. The business’s fifty day moving average is $24.57 and its two-hundred day moving average is $24.34. Medalist Diversified REIT has a 52 week low of $13.55 and a 52 week high of $28.49.
Medalist Diversified REIT Company Profile
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.
Further Reading
- Five stocks we like better than Medalist Diversified REIT
- What is the S&P 500 and How It is Distinct from Other Indexes
- Innovative Robotics Stock Rockets 187% on NVIDIA Investment
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- 3 Defensive Stock Picks Investors Should Consider Today
- Low PE Growth Stocks: Unlocking Investment Opportunities
- 3 Stocks to Secure Your Portfolio in a High VIX Market
Receive News & Ratings for Medalist Diversified REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medalist Diversified REIT and related companies with MarketBeat.com's FREE daily email newsletter.
