Slate Grocery REIT (OTCMKTS:SRRTF) Announces $0.07 Monthly Dividend

Slate Grocery REIT (OTCMKTS:SRRTF) announced a monthly dividend on Monday, July 15th, NASDAQ reports. Stockholders of record on Wednesday, July 31st will be paid a dividend of 0.072 per share on Thursday, August 15th. This represents a $0.86 annualized dividend and a dividend yield of 10.00%. The ex-dividend date is Wednesday, July 31st.

Slate Grocery REIT Stock Performance

Shares of Slate Grocery REIT stock opened at $8.64 on Tuesday. The business has a fifty day simple moving average of $8.24 and a 200-day simple moving average of $8.42. Slate Grocery REIT has a fifty-two week low of $6.94 and a fifty-two week high of $10.20.

About Slate Grocery REIT

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.