Medalist Diversified REIT, Inc. (NASDAQ:MDRRP – Get Free Report) announced a quarterly dividend on Friday, July 5th, Wall Street Journal reports. Investors of record on Tuesday, July 23rd will be paid a dividend of 0.50 per share on Friday, July 26th. This represents a $2.00 annualized dividend and a dividend yield of 8.10%. The ex-dividend date of this dividend is Tuesday, July 23rd.
Medalist Diversified REIT has increased its dividend by an average of 3.0% annually over the last three years.
Medalist Diversified REIT Price Performance
NASDAQ MDRRP opened at $24.70 on Monday. Medalist Diversified REIT has a 1-year low of $13.55 and a 1-year high of $28.49. The business’s fifty day moving average price is $24.57 and its 200-day moving average price is $24.34.
Medalist Diversified REIT Company Profile
Medalist Diversified REIT Inc is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. The Company's strategy is to focus on commercial real estate which is expected to provide an attractive balance of risk and returns.
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