Wheeler Reit Plans Monthly Dividend of $0.04 (WHLR)
Wheeler Reit (NASDAQ:WHLR) announced a monthly dividend on Friday, January 17th, AmericanBankingNews.com reports. Stockholders of record on Friday, January 31st will be paid a dividend of 0.035 per share on Friday, February 28th. This represents a $0.42 annualized dividend and a dividend yield of 9.23%. The ex-dividend date is Wednesday, January 29th.
Wheeler Reit (NASDAQ:WHLR) traded down 0.87% during mid-day trading on Friday, hitting $4.5601. The stock had a trading volume of 30,447 shares. Wheeler Reit has a one year low of $3.75 and a one year high of $6.49. The stock has a 50-day moving average of $4.35 and a 200-day moving average of $4.50. The company’s market cap is $32.5 million.
Wheeler Real Estate Investment Trust, Inc is formed for the purpose of acquiring, financing, developing, leasing, owning and managing income producing assets, such as strip centers, neighborhood centers, grocery-anchored centers, community centers and free-standing retail properties.
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