Slate Grocery REIT (OTCMKTS:SRRTF – Get Free Report)’s stock price traded down 0.2% during trading on Thursday . The company traded as low as $11.25 and last traded at $11.2520. 10,469 shares traded hands during trading, a decline of 25% from the average session volume of 13,874 shares. The stock had previously closed at $11.28.
Slate Grocery REIT Price Performance
The stock’s 50 day moving average is $10.82 and its two-hundred day moving average is $10.59.
Slate Grocery REIT Announces Dividend
The business also recently declared a dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a $0.072 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a yield of 798.0%.
About Slate Grocery REIT
Slate Grocery REIT is a real estate investment trust that specializes in owning and operating grocery-anchored retail properties across the United States. The company focuses on net lease investments in everyday necessity properties, primarily grocery stores, pharmacies and other essential retailers that benefit from stable consumer demand and predictable cash flows.
The REIT’s portfolio is concentrated in single-tenant and small multi-tenant sites that are typically leased to investment-grade operators.
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