Slate Grocery REIT (TSE:SGR.UN - Get Free Report)'s stock price traded up 0.6% during trading on Tuesday . The company traded as high as C$14.33 and last traded at C$14.26. 70,472 shares changed hands during trading, a decline of 27% from the average session volume of 96,971 shares. The stock had previously closed at C$14.17.
Slate Grocery REIT Price Performance
The company has a current ratio of 0.09, a quick ratio of 0.38 and a debt-to-equity ratio of 133.42. The stock has a 50-day simple moving average of C$14.43 and a 200 day simple moving average of C$14.23. The stock has a market capitalization of C$833.08 million, a price-to-earnings ratio of 18.58 and a beta of 1.66.
Slate Grocery REIT Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 15th will be paid a $0.072 dividend. The ex-dividend date is Thursday, July 31st. This represents a c) dividend on an annualized basis and a yield of 6.1%. Slate Grocery REIT's payout ratio is 153.95%.
Slate Grocery REIT Company Profile
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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.
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