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

Slate Grocery REIT (OTCMKTS:SRRTF) announced a monthly dividend on Monday, April 15th, NASDAQ reports. Investors of record on Tuesday, April 30th will be given a dividend of 0.072 per share on Wednesday, May 15th. This represents a $0.86 annualized dividend and a yield of 11.06%. The ex-dividend date of this dividend is Monday, April 29th.

Slate Grocery REIT Stock Down 0.4 %

OTCMKTS:SRRTF traded down $0.04 during trading hours on Wednesday, reaching $7.81. 9,338 shares of the stock were exchanged, compared to its average volume of 18,861. Slate Grocery REIT has a twelve month low of $6.94 and a twelve month high of $10.44. The business has a 50-day moving average of $8.47 and a two-hundred day moving average of $8.37.

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.