Slate Grocery REIT Plans Monthly Dividend of $0.07 (OTCMKTS:SRRTF)

Slate Grocery REIT (OTCMKTS:SRRTF) declared a monthly dividend on Monday, March 17th, NASDAQ Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.072 per share on Tuesday, April 15th. This represents a $0.86 annualized dividend and a yield of 8.83%. The ex-dividend date of this dividend is Monday, March 31st.

Slate Grocery REIT Price Performance

Shares of Slate Grocery REIT stock opened at $9.78 on Wednesday. The business’s 50 day simple moving average is $9.71 and its 200 day simple moving average is $9.93. Slate Grocery REIT has a 52-week low of $7.72 and a 52-week high of $10.96.

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.