Regency Centers Co. (NASDAQ:REGCP – Get Free Report)’s share price rose 0.4% on Thursday . The company traded as high as $23.61 and last traded at $23.3970. Approximately 4,314 shares changed hands during mid-day trading, a decline of 11% from the average session volume of 4,828 shares. The stock had previously closed at $23.30.
Regency Centers Price Performance
The firm’s 50 day simple moving average is $23.19 and its 200-day simple moving average is $23.25.
Regency Centers Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Thursday, July 16th will be issued a $0.3906 dividend. The ex-dividend date is Thursday, July 16th. This represents a $1.56 annualized dividend and a dividend yield of 6.7%.
About Regency Centers
Regency Centers Corporation (NASDAQ: REGCP) is a real estate investment trust specializing in the ownership, development and management of grocery-anchored shopping centers. The company focuses on daily-need and necessity-based retail, targeting properties that serve as community hubs for food, health and service tenants.
Founded in 1993 and headquartered in Jacksonville, Florida, Regency has built a portfolio of more than 400 properties across key U.S. markets, including Southern California, Texas, the Southeast and the Mid-Atlantic.
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