Slate Grocery REIT (TSE:SGR.UN - Get Free Report) shares traded down 0.8% during trading on Tuesday . The company traded as low as C$13.52 and last traded at C$13.55. 134,465 shares traded hands during trading, an increase of 17% from the average session volume of 114,455 shares. The stock had previously closed at C$13.66.
Slate Grocery REIT Stock Down 0.6 %
The company has a market cap of C$794.73 million, a P/E ratio of 17.72 and a beta of 1.66. 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 business's fifty day moving average is C$14.16 and its two-hundred day moving average is C$13.20.
Slate Grocery REIT Announces Dividend
The company also recently declared a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 15th were given a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 6.41%. The ex-dividend date of this dividend was Thursday, October 31st. Slate Grocery REIT's payout ratio is 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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