Sila Realty Trust, Inc. (NYSE:SILA) to Issue $0.40 Quarterly Dividend

Sila Realty Trust, Inc. (NYSE:SILA) announced a quarterly dividend on Tuesday, February 24th. Shareholders of record on Friday, March 6th will be paid a dividend of 0.40 per share on Wednesday, March 18th. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Friday, March 6th.

Sila Realty Trust Stock Performance

Shares of NYSE:SILA traded up $0.57 during trading on Wednesday, reaching $26.08. 136,780 shares of the stock were exchanged, compared to its average volume of 352,850. Sila Realty Trust has a 12 month low of $21.94 and a 12 month high of $27.50. The stock has a 50-day moving average price of $24.18 and a 200-day moving average price of $24.19. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.50. The firm has a market cap of $1.44 billion, a PE ratio of 37.83 and a beta of -0.02.

Sila Realty Trust (NYSE:SILA) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.46). The firm had revenue of $50.70 million for the quarter, compared to analyst estimates of $50.26 million. Sila Realty Trust had a return on equity of 2.80% and a net margin of 19.86%. Research analysts expect that Sila Realty Trust will post 2.23 EPS for the current fiscal year.

About Sila Realty Trust

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams. Our portfolio comprises high quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients.