Medalist Diversified REIT Inc (NASDAQ:MDRR) declared a quarterly dividend on Wednesday, October 23rd, Zacks reports. Stockholders of record on Wednesday, November 13th will be paid a dividend of 0.175 per share on Wednesday, December 4th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 16.02%. The ex-dividend date of this dividend is Tuesday, November 12th.
Shares of MDRR stock opened at $4.37 on Friday. Medalist Diversified REIT has a 1 year low of $3.71 and a 1 year high of $9.75. The firm’s 50 day moving average is $4.15 and its 200-day moving average is $4.67. The company has a current ratio of 8.54, a quick ratio of 8.54 and a debt-to-equity ratio of 1.38.
MDRR has been the subject of a number of analyst reports. ValuEngine raised shares of Medalist Diversified REIT from a “hold” rating to a “buy” rating in a research report on Tuesday, October 1st. Aegis set a $6.00 target price on shares of Medalist Diversified REIT and gave the company a “buy” rating in a research report on Friday, August 16th.
There is no company description available for Medalist Diversified REIT Inc
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