Slate Grocery REIT (TSE:SGR.UN - Get Free Report)'s stock price dropped 0.6% during mid-day trading on Wednesday . The stock traded as low as C$14.29 and last traded at C$14.38. Approximately 66,769 shares traded hands during trading, a decline of 42% from the average daily volume of 114,592 shares. The stock had previously closed at C$14.47.
Slate Grocery REIT Stock Down 0.7 %
The business has a fifty day moving average price of C$13.85 and a two-hundred day moving average price of C$13.68. 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 firm has a market capitalization of C$843.11 million, a price-to-earnings ratio of 18.80 and a beta of 1.66.
Slate Grocery REIT Dividend Announcement
The business also recently declared a monthly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Tuesday, February 18th were given a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a yield of 6.05%. The ex-dividend date of this dividend was Friday, January 31st. Slate Grocery REIT's dividend payout ratio is currently 153.95%.
About Slate Grocery REIT
(
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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.
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