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

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) declared a quarterly dividend on Tuesday, August 13th, Wall Street Journal reports. Stockholders 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 4.84%. The ex-dividend date is Monday, September 16th.

Strawberry Fields REIT Stock Up 12.2 %

Shares of NYSEAMERICAN:STRW traded up $1.17 during trading on Tuesday, reaching $10.74. The stock had a trading volume of 9,514 shares, compared to its average volume of 14,262. Strawberry Fields REIT has a 52 week low of $5.93 and a 52 week high of $12.84. The firm has a market cap of $69.17 million, a price-to-earnings ratio of 1.24 and a beta of 0.24.

Insider Buying and Selling

In related news, CEO Moishe Gubin bought 9,529 shares of the company’s stock in a transaction that occurred on Monday, July 22nd. The shares were acquired at an average price of $9.95 per share, with a total value of $94,813.55. Following the completion of the transaction, the chief executive officer now owns 450,111 shares of the company’s stock, valued at approximately $4,478,604.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 10.60% of the stock is currently owned by insiders.

About Strawberry Fields REIT

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.