Slate Grocery REIT (OTCMKTS:SRRTF) to Issue Monthly Dividend of $0.07

Slate Grocery REIT (OTCMKTS:SRRTF) announced a monthly dividend on Monday, March 17th, NASDAQ Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.072 per share on Tuesday, April 15th. This represents a $0.86 annualized dividend and a yield of 8.83%. The ex-dividend date is Monday, March 31st.

Slate Grocery REIT Price Performance

Shares of SRRTF traded down $0.09 on Tuesday, hitting $9.78. The company’s stock had a trading volume of 39,218 shares, compared to its average volume of 28,504. The firm’s fifty day moving average price is $9.71 and its 200-day moving average price is $9.92. Slate Grocery REIT has a fifty-two week low of $7.72 and a fifty-two week high of $10.96.

About Slate Grocery REIT

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.