Regency Centers (NASDAQ:REGCP) Shares Down 0.9% – Here’s Why

Regency Centers Co. (NASDAQ:REGCPGet Free Report) shares traded down 0.9% on Friday . The stock traded as low as $23.45 and last traded at $23.04. 241 shares traded hands during trading, a decline of 95% from the average session volume of 4,714 shares. The stock had previously closed at $23.25.

Regency Centers Stock Performance

The firm’s 50-day moving average is $23.15 and its two-hundred day moving average is $23.39.

Regency Centers Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Thursday, July 16th will be issued a $0.3906 dividend. The ex-dividend date is Thursday, July 16th. This represents a $1.56 dividend on an annualized basis and a yield of 6.8%.

About Regency Centers

(Get Free Report)

Regency Centers Corporation (NASDAQ: REGCP) is a real estate investment trust specializing in the ownership, development and management of grocery-anchored shopping centers. The company focuses on daily-need and necessity-based retail, targeting properties that serve as community hubs for food, health and service tenants.

Founded in 1993 and headquartered in Jacksonville, Florida, Regency has built a portfolio of more than 400 properties across key U.S. markets, including Southern California, Texas, the Southeast and the Mid-Atlantic.

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