Slate Grocery REIT (TSE:SGR.UN) to Issue Monthly Dividend of $0.07

Slate Grocery REIT (TSE:SGR.UN) announced a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be paid a dividend of 0.072 per share on Monday, August 17th. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Friday, July 31st.

Slate Grocery REIT Trading Up 1.0%

Shares of TSE:SGR.UN opened at C$17.79 on Wednesday. The company’s 50-day moving average price is C$17.30 and its two-hundred day moving average price is C$16.30. Slate Grocery REIT has a one year low of C$13.92 and a one year high of C$17.85. The company has a debt-to-equity ratio of 133.42, a current ratio of 0.09 and a quick ratio of 0.38. The stock has a market capitalization of C$1.05 billion, a PE ratio of 25.06 and a beta of 1.32.

Slate Grocery REIT (TSE:SGR.UN) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C$0.33 earnings per share for the quarter. The company had revenue of C$82.48 million during the quarter. Slate Grocery REIT had a return on equity of 5.14% and a net margin of 16.33%. On average, equities analysts forecast that Slate Grocery REIT will post 1.8853755 EPS for the current fiscal year.

Slate Grocery REIT Company Profile

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