Medalist Diversified REIT, Inc. (NASDAQ:MDRRP – Get Free Report) announced a quarterly dividend on Monday, April 8th, NASDAQ reports. Shareholders of record on Monday, April 22nd will be paid a dividend of 0.50 per share on Thursday, April 25th. This represents a $2.00 dividend on an annualized basis and a yield of 8.16%. The ex-dividend date is Friday, April 19th.
Medalist Diversified REIT has increased its dividend payment by an average of 26.0% annually over the last three years.
Medalist Diversified REIT Price Performance
Shares of NASDAQ MDRRP opened at $24.51 on Wednesday. Medalist Diversified REIT has a twelve month low of $9.60 and a twelve month high of $28.49. The firm has a 50-day moving average of $24.29 and a two-hundred day moving average of $23.67.
Medalist Diversified REIT Company Profile
Medalist Diversified REIT Inc is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. The Company's strategy is to focus on commercial real estate which is expected to provide an attractive balance of risk and returns.
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