Shares of Slate Grocery REIT (TSE:SGR.UN - Get Free Report) rose 0.6% during trading on Tuesday . The stock traded as high as C$14.33 and last traded at C$14.26. Approximately 70,472 shares were traded during trading, a decline of 27% from the average daily volume of 96,971 shares. The stock had previously closed at C$14.17.
Slate Grocery REIT Price Performance
The firm has a 50-day moving average of C$14.47 and a 200 day moving average of C$14.22. The company has a market capitalization of C$831.31 million, a PE ratio of 18.54 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.
Slate Grocery REIT Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, August 15th will be issued a dividend of $0.072 per share. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Thursday, July 31st. Slate Grocery REIT's dividend payout ratio is presently 153.95%.
About Slate Grocery REIT
(
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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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