Medalist Diversified REIT, Inc. (NASDAQ:MDRRP – Get Free Report) announced a quarterly dividend on Monday, April 8th, NASDAQ reports. Investors 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 annualized dividend and a yield of 8.16%. The ex-dividend date is Friday, April 19th.
Medalist Diversified REIT has increased its dividend by an average of 26.0% annually over the last three years.
Medalist Diversified REIT Stock Performance
Shares of MDRRP stock remained flat at $24.51 during mid-day trading on Wednesday. 1 shares of the stock were exchanged, compared to its average volume of 837. Medalist Diversified REIT has a 1 year low of $9.60 and a 1 year high of $28.49. The firm’s 50 day simple moving average is $24.29 and its 200-day simple moving average 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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