Wheeler Real Estate Investment Trust Inc. (NASDAQ:whlr) announced a dividend on Tuesday, September 20th. Investors of record on Friday, September 30th will be paid a dividend of 0.018 per share on Monday, October 31st. The ex-dividend date of this dividend is Wednesday, September 28th. This is an increase from Wheeler Real Estate Investment Trust’s previous dividend of $0.02.

Shares of Wheeler Real Estate Investment Trust (NASDAQ:WHLR) traded down 0.57% during mid-day trading on Friday, reaching $1.73. 5,646 shares of the company were exchanged. The firm’s market capitalization is $117.45 million. Wheeler Real Estate Investment Trust has a 12 month low of $1.10 and a 12 month high of $2.03. The company’s 50 day moving average price is $1.76 and its 200 day moving average price is $1.55.

Wheeler Real Estate Investment Trust (NASDAQ:WHLR) last released its earnings results on Wednesday, August 3rd. The company reported $0.04 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.04. Wheeler Real Estate Investment Trust had a negative net margin of 40.49% and a negative return on equity of 20.65%. Equities analysts anticipate that Wheeler Real Estate Investment Trust will post $0.15 earnings per share for the current year.

Separately, JMP Securities lowered shares of Wheeler Real Estate Investment Trust from an “outperform” rating to a “market perform” rating in a report on Monday, August 22nd.

In other Wheeler Real Estate Investment Trust news, CFO Wilkes Jackson Graham purchased 18,108 shares of the stock in a transaction on Monday, September 19th. The shares were purchased at an average price of $1.73 per share, with a total value of $31,326.84. Following the acquisition, the chief financial officer now directly owns 16,892 shares of the company’s stock, valued at approximately $29,223.16. The transaction was disclosed in a document filed with the SEC, which is available at this link. 4.51% of the stock is currently owned by company insiders.

About Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust, Inc is a self-managed commercial real estate investment company. The Company was formed for acquiring, financing, developing, leasing, owning and managing strip centers, neighborhood centers, grocery-anchored centers, community centers and free-standing retail properties.

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