FrontView REIT, Inc. Plans Quarterly Dividend of $0.22 (NYSE:FVR)

Key Points

• FrontView REIT, Inc. has declared a quarterly dividend of $0.22 per share, with an annualized yield of 6.7%, scheduled for payment on October 15th to shareholders on record as of September 30th.
• The company's stock increased by $0.47 to reach $12.78 during trading hours, with a trading volume significantly higher than its average.
• Recent institutional investments include multiple new positions, including FNY Investment Advisers and Summit Investment Advisors, reflecting interest from larger investors in FrontView REIT.

FrontView REIT, Inc. (NYSE:FVR - ) declared a quarterly dividend on Thursday, August 14th, Wall Street Journal reports. Shareholders of record on Tuesday, September 30th will be given a dividend of 0.215 per share on Wednesday, October 15th. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Tuesday, September 30th.

FrontView REIT Price Performance

FrontView REIT stock traded up $0.47 during trading hours on Thursday, hitting $12.78. 316,472 shares of the company traded hands, compared to its average volume of 209,105. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.60. The firm's 50-day simple moving average is $12.01 and its two-hundred day simple moving average is $13.26. FrontView REIT has a 1-year low of $10.61 and a 1-year high of $19.76.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. FNY Investment Advisers LLC acquired a new position in FrontView REIT in the 1st quarter worth $25,000. Summit Investment Advisors Inc. bought a new stake in FrontView REIT during the fourth quarter worth $27,000. Tower Research Capital LLC TRC acquired a new stake in FrontView REIT in the 4th quarter valued at about $34,000. Strs Ohio bought a new position in shares of FrontView REIT during the 1st quarter worth approximately $35,000. Finally, New York State Common Retirement Fund bought a new position in FrontView REIT during the first quarter worth $38,000.

About FrontView REIT

FrontView REIT specializes in real estate investing.

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