Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Announces Dividend Increase – $0.14 Per Share

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) declared a quarterly dividend on Monday, November 11th,Wall Street Journal reports. Investors of record on Monday, December 16th will be given a dividend of 0.14 per share on Monday, December 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date is Monday, December 16th. This is a positive change from Strawberry Fields REIT’s previous quarterly dividend of $0.13.

Strawberry Fields REIT Trading Down 9.1 %

Strawberry Fields REIT stock opened at $11.01 on Tuesday. Strawberry Fields REIT has a 52-week low of $6.56 and a 52-week high of $12.90. The firm has a market cap of $75.75 million, a P/E ratio of 23.93 and a beta of 0.28.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.