Regency Centers Co. (NASDAQ:REGCP – Get Free Report) fell 0.9% during mid-day trading on Friday . The company traded as low as $23.45 and last traded at $23.04. 241 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 4,714 shares. The stock had previously closed at $23.25.
Regency Centers Price Performance
The business’s fifty day moving average is $23.15 and its two-hundred day moving average is $23.39.
Regency Centers Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Thursday, July 16th will be issued a $0.3906 dividend. The ex-dividend date of this dividend is Thursday, July 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.8%.
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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