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

Slate Grocery REIT (TSE:SGR.UN - Get Free Report) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.072 per share on Tuesday, February 18th. This represents a $0.86 dividend on an annualized basis and a yield of 6.19%. The ex-dividend date of this dividend is Friday, January 31st.

Slate Grocery REIT Trading Down 0.4 %

Shares of TSE SGR.UN traded down C$0.05 during midday trading on Wednesday, reaching C$13.95. The stock had a trading volume of 75,412 shares, compared to its average volume of 107,872. Slate Grocery REIT has a twelve month low of C$10.59 and a twelve month high of C$15.14. The company has a debt-to-equity ratio of 133.42, a quick ratio of 0.38 and a current ratio of 0.09. The company's 50 day moving average price is C$14.07 and its 200 day moving average price is C$13.45. The firm has a market cap of C$823.05 million, a price-to-earnings ratio of 18.36 and a beta of 1.66.

Slate Grocery REIT Company Profile

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.