Medalist Diversified REIT, Inc. (NASDAQ:MDRR) to Issue $0.07 Quarterly Dividend

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) announced a quarterly dividend on Thursday, September 25th. Stockholders of record on Thursday, October 9th will be paid a dividend of 0.0675 per share on Tuesday, October 14th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, October 9th.

Medalist Diversified REIT Stock Performance

Medalist Diversified REIT stock opened at $13.69 on Tuesday. The company has a debt-to-equity ratio of 1.72, a current ratio of 2.74 and a quick ratio of 2.74. Medalist Diversified REIT has a 12 month low of $9.55 and a 12 month high of $15.00. The company has a fifty day moving average price of $12.42 and a two-hundred day moving average price of $11.96. The company has a market cap of $18.47 million, a PE ratio of -7.56 and a beta of 0.39.

Medalist Diversified REIT (NASDAQ:MDRR) last posted its quarterly earnings results on Thursday, August 7th. The company reported ($0.34) EPS for the quarter. The business had revenue of $2.46 million during the quarter. Medalist Diversified REIT had a negative net margin of 23.54% and a negative return on equity of 10.25%.

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.