Sila Realty Trust, Inc. (NYSE:SILA) to Issue $0.40 Quarterly Dividend

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) announced a quarterly dividend on Thursday, August 7th, Wall Street Journal reports. Stockholders of record on Thursday, August 21st will be paid a dividend of 0.40 per share on Thursday, September 4th. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Thursday, August 21st.

Sila Realty Trust Stock Performance

Shares of NYSE SILA traded up $0.03 during trading hours on Monday, hitting $25.42. 458,277 shares of the company's stock were exchanged, compared to its average volume of 395,215. The company's 50-day moving average price is $24.46 and its 200-day moving average price is $25.11. Sila Realty Trust has a 1-year low of $21.29 and a 1-year high of $27.50. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 36.84 and a beta of 0.01. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.99 and a quick ratio of 0.99.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SILA. Geode Capital Management LLC increased its holdings in shares of Sila Realty Trust by 15.6% during the 4th quarter. Geode Capital Management LLC now owns 667,055 shares of the company's stock worth $16,231,000 after purchasing an additional 90,060 shares during the period. Envestnet Asset Management Inc. increased its stake in Sila Realty Trust by 18.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 178,445 shares of the company's stock valued at $4,340,000 after acquiring an additional 27,166 shares during the period. Invesco Ltd. raised its holdings in Sila Realty Trust by 231.2% in the 4th quarter. Invesco Ltd. now owns 98,209 shares of the company's stock valued at $2,388,000 after acquiring an additional 68,559 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Sila Realty Trust in the 4th quarter worth approximately $1,092,000. Finally, Barclays PLC lifted its position in shares of Sila Realty Trust by 205.0% in the 4th quarter. Barclays PLC now owns 71,351 shares of the company's stock worth $1,736,000 after acquiring an additional 47,959 shares during the period.

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.