Slate Grocery REIT (OTCMKTS:SRRTF) Trading Up 0.1% – Here’s What Happened

Slate Grocery REIT (OTCMKTS:SRRTFGet Free Report) was up 0.1% during mid-day trading on Thursday . The company traded as high as $11.66 and last traded at $11.59. Approximately 5,709 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 13,374 shares. The stock had previously closed at $11.5750.

Slate Grocery REIT Stock Performance

The company’s 50-day moving average price is $11.10 and its two-hundred day moving average price is $10.69.

Slate Grocery REIT Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were given a $0.072 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a dividend yield of 798.0%.

Slate Grocery REIT Company Profile

(Get Free Report)

Slate Grocery REIT is a real estate investment trust that specializes in owning and operating grocery-anchored retail properties across the United States. The company focuses on net lease investments in everyday necessity properties, primarily grocery stores, pharmacies and other essential retailers that benefit from stable consumer demand and predictable cash flows.

The REIT’s portfolio is concentrated in single-tenant and small multi-tenant sites that are typically leased to investment-grade operators.

Further Reading

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