Presidio Property Trust, Inc. Plans Monthly Dividend of $0.20 (NASDAQ:SQFTP)

Presidio Property Trust, Inc. (NASDAQ:SQFTP) announced a monthly dividend on Wednesday, January 8th,Wall Street Journal reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.1953 per share on Tuesday, April 15th. This represents a $2.34 dividend on an annualized basis and a dividend yield of 16.42%. The ex-dividend date of this dividend is Monday, March 31st.

Presidio Property Trust has raised its dividend by an average of 22.5% annually over the last three years.

Presidio Property Trust Stock Performance

Shares of SQFTP stock opened at $14.27 on Wednesday. The business has a 50 day moving average of $14.15 and a two-hundred day moving average of $14.91. Presidio Property Trust has a 52 week low of $13.30 and a 52 week high of $18.84.

About Presidio Property Trust

Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. Presidio's model homes are leased to homebuilders located in Arizona, Illinois, Texas, Wisconsin, and Florida. Our office, industrial and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California.