American Finance Trust Inc Announces Dividend of $0.09 (NASDAQ:AFIN)

American Finance Trust Inc (NASDAQ:AFIN) announced a dividend on Tuesday, October 1st, Fidelity reports. Shareholders of record on Friday, November 8th will be given a dividend of 0.0917 per share on Friday, November 15th. The ex-dividend date of this dividend is Thursday, November 7th.

AFIN stock traded down $0.28 during midday trading on Tuesday, reaching $14.68. The company’s stock had a trading volume of 10,351 shares, compared to its average volume of 538,204. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.11 and a current ratio of 0.11. The stock has a fifty day simple moving average of $14.15 and a two-hundred day simple moving average of $11.91. American Finance Trust has a 1 year low of $9.36 and a 1 year high of $15.09.

In other news, Director Lisa Kabnick purchased 14,310 shares of the business’s stock in a transaction dated Monday, September 30th. The shares were purchased at an average price of $13.91 per share, for a total transaction of $199,052.10.

A number of analysts have weighed in on the company. TheStreet upgraded American Finance Trust from a “d+” rating to a “c-” rating in a research note on Tuesday, September 10th. DA Davidson reiterated a “neutral” rating on shares of American Finance Trust in a research note on Thursday, October 3rd. Finally, B. Riley initiated coverage on American Finance Trust in a research note on Monday, September 16th. They set a “neutral” rating and a $14.00 price target on the stock.

About American Finance Trust

American Finance Trust, Inc (Nasdaq: AFIN) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S.

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Dividend History for American Finance Trust (NASDAQ:AFIN)

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