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

Slate Grocery REIT (TSE:SGR.UN) declared a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.072 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Tuesday, June 30th.

Slate Grocery REIT Stock Performance

Shares of SGR.UN opened at C$17.50 on Tuesday. The company has a current ratio of 0.09, a quick ratio of 0.38 and a debt-to-equity ratio of 133.42. The company has a market capitalization of C$1.04 billion, a price-to-earnings ratio of 24.65 and a beta of 1.33. The stock has a 50 day moving average of C$16.69 and a 200 day moving average of C$15.95. Slate Grocery REIT has a 12 month low of C$13.92 and a 12 month high of C$17.63.

Slate Grocery REIT Company Profile

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.