FrontView REIT, Inc. to Issue Quarterly Dividend of $0.22 (NYSE:FVR)

FrontView REIT, Inc. (NYSE:FVRGet Free Report) declared a quarterly dividend on Tuesday, August 12th, Wall Street Journal reports. Shareholders of record on Tuesday, September 30th will be paid a dividend of 0.215 per share on Wednesday, October 15th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Tuesday, September 30th.

FrontView REIT Stock Up 1.6%

Shares of NYSE:FVR opened at $13.58 on Friday. The firm has a fifty day moving average price of $12.94 and a two-hundred day moving average price of $12.40. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.73 and a quick ratio of 0.73. FrontView REIT has a one year low of $10.61 and a one year high of $19.76. The company has a market cap of $277.85 million and a price-to-earnings ratio of -12.69.

Insider Activity

In other FrontView REIT news, Director Elizabeth F. Frank purchased 2,808 shares of the stock in a transaction on Friday, August 15th. The stock was acquired at an average cost of $12.44 per share, with a total value of $34,931.52. Following the completion of the purchase, the director directly owned 5,177 shares of the company’s stock, valued at approximately $64,401.88. This trade represents a 118.53% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 4.30% of the company’s stock.

Institutional Trading of FrontView REIT

Hedge funds have recently added to or reduced their stakes in the business. Sumitomo Mitsui Trust Group Inc. bought a new stake in FrontView REIT in the first quarter worth $201,000. Deutsche Bank AG bought a new stake in FrontView REIT in the fourth quarter worth $374,000. Cbre Investment Management Listed Real Assets LLC lifted its stake in FrontView REIT by 9.9% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 765,666 shares of the company’s stock worth $9,793,000 after purchasing an additional 69,250 shares during the last quarter. Two Sigma Investments LP bought a new stake in FrontView REIT in the fourth quarter worth $1,706,000. Finally, Nuveen LLC bought a new stake in FrontView REIT in the first quarter worth $243,000.

About FrontView REIT

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FrontView REIT specializes in real estate investing.

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