Safe and Green Development Co. (NASDAQ:SGD) Announces — Dividend of $5.00

Safe and Green Development Co. (NASDAQ:SGD) declared a — dividend on Wednesday, March 12th, Wall Street Journal reports. Stockholders of record on Monday, April 7th will be given a dividend of 5.00 per share on Tuesday, April 22nd. The ex-dividend date of this dividend is Wednesday, April 23rd.

Safe and Green Development Price Performance

Shares of NASDAQ SGD traded down $0.01 during mid-day trading on Wednesday, reaching $1.28. 13,883 shares of the company traded hands, compared to its average volume of 363,487. Safe and Green Development has a fifty-two week low of $1.03 and a fifty-two week high of $22.20. The stock has a fifty day simple moving average of $1.68 and a 200-day simple moving average of $2.96.

About Safe and Green Development

Safe and Green Development Corporation operates as a real estate development company. It focuses on building single and multifamily projects. The company was formerly known as SGB Development Corp. and changed its name to Safe and Green Development Corporation in December 2022. The company was incorporated in 2021 and is based in Miami, Florida.