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

Slate Grocery REIT logo with Real Estate background

Slate Grocery REIT (TSE:SGR.UN - Get Free Report) announced a monthly dividend on Monday, June 30th, TickerTech Dividends reports. Stockholders of record on Tuesday, July 15th will be paid a dividend of 0.072 per share on Tuesday, July 15th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 6.01%. The ex-dividend date of this dividend is Monday, June 30th.

Slate Grocery REIT Price Performance

SGR.UN traded down C$0.10 on Tuesday, reaching C$14.37. 73,700 shares of the company's stock were exchanged, compared to its average volume of 100,802. Slate Grocery REIT has a twelve month low of C$10.85 and a twelve month high of C$15.14. The stock has a market cap of C$847.83 million, a PE ratio of 18.91 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 stock's fifty day moving average price is C$14.52 and its 200-day moving average price is C$14.10.

About Slate Grocery REIT

(Get Free Report)

Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties. The company's properties include Bloomingdale Plaza, Errol Plaza, Meres Town Center, Oak Hill Village, Salerno Village Square, and many more.

Further Reading

Dividend History for Slate Grocery REIT (TSE:SGR.UN)

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