Jernigan Capital, Inc. (NASDAQ:JCAP) to Issue Quarterly Dividend of $0.24

Jernigan Capital, Inc. (NASDAQ:JCAP) declared a quarterly dividend on Wednesday, May 13th, NASDAQ Dividends reports. Investors of record on Tuesday, May 26th will be given a dividend of 0.24 per share by the real estate investment trust on Thursday, June 4th. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Tuesday, May 26th.

Jernigan Capital Price Performance

JCAP stock opened at $17.29 on Friday. The company has a 50 day moving average price of $19.67 and a 200 day moving average price of $20.84. Jernigan Capital has a fifty-two week low of $15.98 and a fifty-two week high of $23.80. The stock has a market capitalization of $958.21 million and a PE ratio of 6.68.

Jernigan Capital (NASDAQ:JCAP) last posted its quarterly earnings data on Thursday, March 12th. The real estate investment trust reported $0.69 earnings per share for the quarter. The firm had revenue of $154.80 million during the quarter. Jernigan Capital had a net margin of 25.42% and a return on equity of 38.63%. As a group, equities analysts expect that Jernigan Capital will post 2.79 earnings per share for the current fiscal year.

About Jernigan Capital

Jernigan Capital is a New York Stock Exchange-listed real estate investment trust (NYSE: JCAP) that provides debt and equity capital to private developers, owners and operators of self-storage facilities with a view to eventual outright ownership of facilities the Company finances. The Company's mission is to maximize shareholder value by accumulating a multi-billion dollar investment portfolio consisting of the newest, most attractive and best located self-storage facilities in the United States through a talented and experienced team demonstrating the highest levels of integrity, dedication, excellence and community.