Sunrise Realty Trust, Inc. (NASDAQ:SUNS – Get Free Report) Chairman Leonard M. Tannenbaum bought 10,000 shares of the company’s stock in a transaction dated Monday, August 26th. The stock was purchased at an average price of $13.35 per share, for a total transaction of $133,500.00. Following the purchase, the chairman now owns 376,763 shares of the company’s stock, valued at approximately $5,029,786.05. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Sunrise Realty Trust Price Performance
Shares of NASDAQ:SUNS opened at $13.68 on Wednesday. Sunrise Realty Trust, Inc. has a 1 year low of $8.11 and a 1 year high of $14.85.
Sunrise Realty Trust Dividend Announcement
The business also recently announced a — dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.21 per share. This represents a yield of 10.3%. The ex-dividend date is Tuesday, December 31st.
Analysts Set New Price Targets
Get Our Latest Research Report on SUNS
Sunrise Realty Trust Company Profile
Sunrise Realty Trust (NASDAQ: SUNS) is an institutional lender that originates and funds loans to commercial real estate projects in the Southern United States. The firm seeks to target loans with investment rates in the mid-teens.
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