Slate Grocery REIT (TSE:SGR.UN) Announces Monthly Dividend of $0.07

Slate Grocery REIT (TSE:SGR.UN - Get Free Report) announced a monthly dividend on Friday, May 30th, TickerTech Dividends reports. Shareholders of record on Monday, June 16th will be given a dividend of 0.072 per share on Monday, June 16th. This represents a $0.86 dividend on an annualized basis and a yield of 5.78%. The ex-dividend date is Friday, May 30th.

Slate Grocery REIT Stock Down 0.5%

Shares of SGR.UN traded down C$0.08 during mid-day trading on Friday, reaching C$14.94. The company's stock had a trading volume of 157,799 shares, compared to its average volume of 104,702. Slate Grocery REIT has a 12-month low of C$10.65 and a 12-month high of C$15.14. The stock has a market cap of C$881.46 million, a PE ratio of 19.66 and a beta of 1.66. The company has a debt-to-equity ratio of 133.42, a current ratio of 0.09 and a quick ratio of 0.38. The company's 50 day moving average is C$14.14 and its 200 day moving average is C$14.11.

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 U.S. $1.3 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.