Slate Grocery REIT (SRRTF) to Issue Monthly Dividend of $0.07 on May 15th

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

Slate Grocery REIT Price Performance

Shares of SRRTF stock traded down $0.04 on Wednesday, hitting $7.81. The stock had a trading volume of 12,455 shares, compared to its average volume of 18,861. Slate Grocery REIT has a twelve month low of $6.94 and a twelve month high of $10.44. The company has a fifty day moving average price of $8.47 and a two-hundred day moving average price of $8.37.

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.