Slate Grocery REIT (OTCMKTS:SRRTF – Get Free Report)’s share price fell 0.4% during trading on Thursday . The company traded as low as $10.28 and last traded at $10.28. 2,609 shares were traded during mid-day trading, a decline of 82% from the average session volume of 14,130 shares. The stock had previously closed at $10.32.
Slate Grocery REIT Price Performance
The stock has a 50-day moving average price of $10.16 and a 200 day moving average price of $9.33.
Slate Grocery REIT Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be paid a dividend of $0.072 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 8.41%.
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 $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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