Slate Grocery REIT (OTCMKTS:SRRTF) Plans $0.07 Monthly Dividend

Slate Grocery REIT (OTCMKTS:SRRTF) declared a monthly dividend on Monday, April 15th, NASDAQ reports. Investors of record on Tuesday, April 30th will be paid a dividend of 0.072 per share on Wednesday, May 15th. This represents a $0.86 dividend on an annualized basis and a yield of 11.06%. The ex-dividend date is Monday, April 29th.

Slate Grocery REIT Price Performance

SRRTF traded down $0.04 during mid-day trading on Wednesday, reaching $7.81. 12,455 shares of the company traded hands, compared to its average volume of 18,861. The company’s fifty day moving average price is $8.47 and its 200-day moving average price is $8.37. Slate Grocery REIT has a 52-week low of $6.94 and a 52-week high of $10.44.

About Slate Grocery REIT

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.