Maxim Group Reaffirms Buy Rating for Wheeler Reit (WHLR)
Shares of Wheeler Reit (NASDAQ:WHLR) opened at 4.88 on Monday. Wheeler Reit has a 1-year low of $3.75 and a 1-year high of $5.16. The stock’s 50-day moving average is $4.74 and its 200-day moving average is $4.59. The company’s market cap is $35.8 million.
The company also recently announced a jul 14 dividend, which is scheduled for Sunday, August 31st. Shareholders of record on Thursday, July 31st will be paid a dividend of $0.035 per share. This represents a dividend yield of 9.13%. The ex-dividend date is Tuesday, July 29th.
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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