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

Jernigan Capital, Inc. (NASDAQ:JCAP) declared a quarterly dividend on Thursday, August 13th, NASDAQ Dividends reports. Stockholders of record on Monday, August 24th will be given a dividend of 0.24 per share by the real estate investment trust on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Monday, August 24th.

Jernigan Capital Trading Down 0.2%

JCAP stock opened at $22.29 on Friday. The firm has a market cap of $1.28 billion, a PE ratio of 9.10 and a beta of -0.16. Jernigan Capital has a 1 year low of $15.50 and a 1 year high of $24.44. The company has a fifty day simple moving average of $19.70 and a 200 day simple moving average of $19.65.

Jernigan Capital (NASDAQ:JCAP) last posted its earnings results on Thursday, August 13th. The real estate investment trust reported $0.77 EPS for the quarter, topping the consensus estimate of $0.63 by $0.14. Jernigan Capital had a net margin of 23.50% and a return on equity of 35.87%. The firm had revenue of $177.54 million for the quarter. As a group, analysts forecast that Jernigan Capital will post 2.53 EPS for the current fiscal year.

Jernigan Capital Company Profile

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.