Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Plans Quarterly Dividend of $0.13

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) announced a quarterly dividend on Thursday, August 8th, Wall Street Journal reports. Shareholders of record on Monday, September 16th will be given a dividend of 0.13 per share on Monday, September 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date of this dividend is Monday, September 16th.

Strawberry Fields REIT Stock Performance

Strawberry Fields REIT stock opened at $11.99 on Friday. Strawberry Fields REIT has a one year low of $5.93 and a one year high of $12.84. The firm has a market cap of $82.49 million, a P/E ratio of 1.40 and a beta of 0.25.

Insider Buying and Selling

In other news, CEO Moishe Gubin purchased 9,529 shares of the business’s stock in a transaction on Monday, July 22nd. The stock was acquired at an average cost of $9.95 per share, for a total transaction of $94,813.55. Following the purchase, the chief executive officer now directly owns 450,111 shares in the company, valued at approximately $4,478,604.45. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 10.60% of the stock is currently owned by corporate insiders.

Strawberry Fields REIT Company Profile

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.