Regency Affiliates, Inc. (OTCMKTS:RAFI) Declares Quarterly Dividend of $0.08

Regency Affiliates, Inc. (OTCMKTS:RAFI) announced a quarterly dividend on Tuesday, September 10th, NASDAQ reports. Shareholders of record on Monday, September 30th will be paid a dividend of 0.078 per share on Tuesday, October 8th. This represents a $0.31 dividend on an annualized basis and a yield of 6.92%. The ex-dividend date is Monday, September 30th. This is a boost from Regency Affiliates’s previous quarterly dividend of $0.08.

Regency Affiliates Stock Performance

OTCMKTS RAFI remained flat at $4.51 during mid-day trading on Thursday. Regency Affiliates has a 52 week low of $4.10 and a 52 week high of $5.75. The company’s fifty day simple moving average is $4.47 and its two-hundred day simple moving average is $4.55.

Regency Affiliates Company Profile

Regency Affiliates, Inc, through its interest in MESC Capital, LLC, owns an on-site energy facility that supplies approximately 61 megawatts of steam and electricity to a Kimberly-Clark tissue mill in Mobile, Alabama. It also owns and operates 34.3 acres of land and rental property of approximately 717,000 square feet comprising a 2-story office building and a connected 6-story office tower in Woodlawn, Maryland through a limited partnership interest.