Slate Grocery REIT (TSE:SGR.UN - Get Free Report) shot up 1.7% during mid-day trading on Thursday . The stock traded as high as C$14.74 and last traded at C$14.74. 124,714 shares were traded during trading, an increase of 26% from the average session volume of 98,794 shares. The stock had previously closed at C$14.50.
Slate Grocery REIT Stock Down 0.5%
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's 50-day moving average price is C$14.33 and its 200-day moving average price is C$14.27. The company has a market cap of C$870.41 million, a P/E ratio of 22.96 and a beta of 1.45.
Slate Grocery REIT Dividend Announcement
The company also recently disclosed a monthly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 15th were issued a dividend of $0.072 per share. The ex-dividend date was Thursday, July 31st. This represents a c) annualized dividend and a dividend yield of 5.9%. Slate Grocery REIT's payout ratio is currently 134.77%.
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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