Medalist Diversified REIT, Inc. (NASDAQ:MDRRP – Get Free Report) announced a quarterly dividend on Monday, April 8th, NASDAQ reports. Stockholders of record on Monday, April 22nd will be given a dividend of 0.50 per share on Thursday, April 25th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.16%. The ex-dividend date is Friday, April 19th.
Medalist Diversified REIT has raised its dividend payment by an average of 26.0% annually over the last three years.
Medalist Diversified REIT Price Performance
NASDAQ MDRRP opened at $24.51 on Wednesday. Medalist Diversified REIT has a 12 month low of $9.60 and a 12 month high of $28.49. The stock’s fifty day moving average price is $24.29 and its 200-day moving average price is $23.67.
Medalist Diversified REIT Company Profile
Medalist Diversified REIT Inc is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. The Company's strategy is to focus on commercial real estate which is expected to provide an attractive balance of risk and returns.
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