Slate Grocery REIT (TSE:SGR.UN – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$17.52 and last traded at C$17.49, with a volume of 18166 shares trading hands. The stock had previously closed at C$17.42.
Slate Grocery REIT Trading Up 0.9%
The stock has a fifty day moving average of C$16.66 and a 200 day moving average of C$15.92. The company has a market capitalization of C$1.04 billion, a P/E ratio of 24.78 and a beta of 1.33. The company has a debt-to-equity ratio of 133.42, a quick ratio of 0.38 and a current ratio of 0.09.
Slate Grocery REIT Announces Dividend
The company also recently announced a monthly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 15th were paid a dividend of $0.072 per share. The ex-dividend date was Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. Slate Grocery REIT’s payout ratio is 121.70%.
About Slate Grocery REIT
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants are expected to provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.
Further Reading
- Five stocks we like better than Slate Grocery REIT
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for Slate Grocery REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Slate Grocery REIT and related companies with MarketBeat.com's FREE daily email newsletter.
