Medalist Diversified REIT Inc Plans Quarterly Dividend of $0.18 (NASDAQ:MDRR)

Medalist Diversified REIT Inc (NASDAQ:MDRR) declared a quarterly dividend on Wednesday, October 23rd, Zacks reports. Stockholders of record on Wednesday, November 13th will be given a dividend of 0.175 per share on Wednesday, December 4th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 16.02%. The ex-dividend date of this dividend is Tuesday, November 12th.

NASDAQ MDRR opened at $4.37 on Friday. Medalist Diversified REIT has a 1-year low of $3.71 and a 1-year high of $9.75. The company has a quick ratio of 8.54, a current ratio of 8.54 and a debt-to-equity ratio of 1.38. The firm’s fifty day simple moving average is $4.15 and its 200-day simple moving average is $4.67.

Several research analysts recently issued reports on MDRR shares. Aegis set a $6.00 price target on shares of Medalist Diversified REIT and gave the stock a “buy” rating in a research report on Friday, August 16th. ValuEngine raised shares of Medalist Diversified REIT from a “hold” rating to a “buy” rating in a research report on Tuesday, October 1st.

About Medalist Diversified REIT

There is no company description available for Medalist Diversified REIT Inc

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