Regency Centers Co. (NASDAQ:REGCP – Get Free Report) shot up 0.4% during trading on Thursday . The stock traded as high as $23.61 and last traded at $23.3970. Approximately 4,314 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 4,828 shares. The stock had previously closed at $23.30.
Regency Centers Stock Performance
The firm’s 50-day moving average is $23.20 and its two-hundred day moving average is $23.26.
Regency Centers Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Thursday, July 16th will be paid a dividend of $0.3906 per share. The ex-dividend date is Thursday, July 16th. This represents a $1.56 annualized dividend and a dividend yield of 6.6%.
Regency Centers Company Profile
Regency Centers Corporation (NASDAQ: REGCP) is a real estate investment trust specializing in the ownership, development and management of grocery-anchored shopping centers. The company focuses on daily-need and necessity-based retail, targeting properties that serve as community hubs for food, health and service tenants.
Founded in 1993 and headquartered in Jacksonville, Florida, Regency has built a portfolio of more than 400 properties across key U.S. markets, including Southern California, Texas, the Southeast and the Mid-Atlantic.
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