Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) CEO Moishe Gubin Purchases 9,529 Shares

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) CEO Moishe Gubin bought 9,529 shares of the stock in a transaction dated Monday, July 22nd. The stock was bought at an average cost of $9.95 per share, with a total value of $94,813.55. Following the purchase, the chief executive officer now owns 450,111 shares in the company, valued at approximately $4,478,604.45. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Strawberry Fields REIT Trading Up 8.5 %

Shares of NYSEAMERICAN:STRW traded up $0.89 during midday trading on Thursday, hitting $11.32. 24,421 shares of the stock traded hands, compared to its average volume of 13,878. The company has a market cap of $72.90 million, a price-to-earnings ratio of 24.70 and a beta of 0.24. Strawberry Fields REIT, Inc. has a one year low of $5.93 and a one year high of $12.84.

Strawberry Fields REIT Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 17th were paid a $0.13 dividend. This is an increase from Strawberry Fields REIT’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date was Monday, June 17th. Strawberry Fields REIT’s dividend payout ratio is presently 120.93%.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.