Presidio Property Trust, Inc. (NASDAQ:SQFTP – Get Free Report) declared a monthly dividend on Tuesday, January 7th,Wall Street Journal reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.1953 per share on Tuesday, April 15th. This represents a $2.34 dividend on an annualized basis and a yield of 16.42%. The ex-dividend date of this dividend is Monday, March 31st.
Presidio Property Trust has increased its dividend payment by an average of 22.5% annually over the last three years.
Presidio Property Trust Price Performance
Shares of NASDAQ SQFTP traded down $0.03 during midday trading on Tuesday, reaching $14.27. The company’s stock had a trading volume of 5,062 shares, compared to its average volume of 4,865. The stock has a 50 day simple moving average of $14.15 and a 200-day simple moving average of $14.92. Presidio Property Trust has a fifty-two week low of $13.30 and a fifty-two week high of $18.84.
Presidio Property Trust Company Profile
Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. Presidio's model homes are leased to homebuilders located in Arizona, Illinois, Texas, Wisconsin, and Florida. Our office, industrial and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California.
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