Sila Realty Trust, Inc. Plans Quarterly Dividend of $0.40 (NYSE:SILA)

Sila Realty Trust, Inc. (NYSE:SILA) announced a quarterly dividend on Monday, November 3rd. Shareholders of record on Thursday, November 20th will be paid a dividend of 0.40 per share on Thursday, December 4th. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Thursday, November 20th.

Sila Realty Trust Trading Up 0.7%

Shares of SILA stock traded up $0.18 during mid-day trading on Wednesday, hitting $23.85. 22,344 shares of the company’s stock were exchanged, compared to its average volume of 390,648. Sila Realty Trust has a fifty-two week low of $22.52 and a fifty-two week high of $27.50. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 34.57 and a beta of -0.04. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.43. The stock has a 50-day simple moving average of $24.57 and a two-hundred day simple moving average of $24.74.

Hedge Funds Weigh In On Sila Realty Trust

Hedge funds have recently bought and sold shares of the business. J.W. Cole Advisors Inc. grew its position in shares of Sila Realty Trust by 5.5% in the third quarter. J.W. Cole Advisors Inc. now owns 20,463 shares of the company’s stock valued at $514,000 after purchasing an additional 1,058 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Sila Realty Trust by 21.1% during the third quarter. Envestnet Asset Management Inc. now owns 236,344 shares of the company’s stock worth $5,932,000 after buying an additional 41,127 shares in the last quarter. Allianz Asset Management GmbH grew its position in Sila Realty Trust by 2.0% during the third quarter. Allianz Asset Management GmbH now owns 330,088 shares of the company’s stock worth $8,285,000 after buying an additional 6,374 shares in the last quarter. A4 Wealth Advisors LLC acquired a new stake in Sila Realty Trust during the third quarter worth about $701,000. Finally, Principal Financial Group Inc. acquired a new stake in Sila Realty Trust during the third quarter worth about $1,081,000.

Sila Realty Trust Company Profile

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams.