Sila Realty Trust, Inc. (NYSE:SILA) Announces Quarterly Dividend of $0.40

Key Points

• Sila Realty Trust, Inc. announced a quarterly dividend of $0.40 per share, which will be paid to investors on September 4th, 2023.
• The stock's current annualized dividend yield stands at 6.4%, reflecting the company's stable income generation potential.
• Recent institutional investments have seen significant increases, with Frontier Capital Management growing its stake by 240% in the last quarter.

Sila Realty Trust, Inc. (NYSE:SILA - Get Free Report) declared a quarterly dividend on Thursday, August 7th, Wall Street Journal reports. Investors of record on Thursday, August 21st will be given a dividend of 0.40 per share on Thursday, September 4th. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Thursday, August 21st.

Sila Realty Trust Stock Performance

Shares of Sila Realty Trust stock traded down $0.22 on Thursday, reaching $25.19. 276,410 shares of the company were exchanged, compared to its average volume of 439,836. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 0.99. The company's 50-day moving average is $24.42 and its two-hundred day moving average is $25.07. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 40.63 and a beta of 0.01. Sila Realty Trust has a 1-year low of $21.29 and a 1-year high of $27.50.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SILA. Vanguard Group Inc. grew its holdings in shares of Sila Realty Trust by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 5,187,078 shares of the company's stock valued at $138,547,000 after acquiring an additional 53,905 shares in the last quarter. Frontier Capital Management Co. LLC increased its holdings in shares of Sila Realty Trust by 240.0% in the fourth quarter. Frontier Capital Management Co. LLC now owns 2,125,774 shares of the company's stock valued at $51,699,000 after purchasing an additional 1,500,624 shares in the last quarter. Conversant Capital LLC grew its stake in shares of Sila Realty Trust by 6.4% during the fourth quarter. Conversant Capital LLC now owns 1,924,033 shares of the company's stock worth $46,792,000 after purchasing an additional 115,552 shares during the period. Punch & Associates Investment Management Inc. grew its stake in Sila Realty Trust by 14.5% in the first quarter. Punch & Associates Investment Management Inc. now owns 1,064,088 shares of the company's stock valued at $28,422,000 after acquiring an additional 134,454 shares during the period. Finally, Victory Capital Management Inc. increased its holdings in Sila Realty Trust by 15.7% during the 1st quarter. Victory Capital Management Inc. now owns 772,937 shares of the company's stock worth $20,645,000 after purchasing an additional 104,634 shares in the last quarter.

Sila Realty Trust Company Profile

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams.

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