Slate Grocery REIT Plans Monthly Dividend of $0.07 (TSE:SGR.UN)

Slate Grocery REIT (TSE:SGR.UN) announced a monthly dividend on Tuesday, March 31st, TickerTech Dividends reports. Shareholders of record on Wednesday, April 15th will be paid a dividend of 0.072 per share on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend is Tuesday, March 31st.

Slate Grocery REIT Stock Performance

SGR.UN stock opened at C$15.05 on Tuesday. Slate Grocery REIT has a twelve month low of C$12.38 and a twelve month high of C$16.20. The company has a quick ratio of 0.38, a current ratio of 0.09 and a debt-to-equity ratio of 133.42. The company has a market cap of C$889.92 million, a P/E ratio of 22.27 and a beta of 1.32. The business’s fifty day moving average is C$15.61 and its 200-day moving average is C$15.19.

Slate Grocery REIT (TSE:SGR.UN) last announced its quarterly earnings data on Tuesday, February 10th. The company reported C$229.28 EPS for the quarter. The business had revenue of C$71.79 million during the quarter. Slate Grocery REIT had a return on equity of 5.14% and a net margin of 16.33%. Equities research analysts forecast that Slate Grocery REIT will post 1.8853755 EPS for the current year.

Slate Grocery REIT Company Profile

Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties. The company’s properties include Bloomingdale Plaza, Errol Plaza, Meres Town Center, Oak Hill Village, Salerno Village Square, and many more.