Condor Hospitality Trust, Inc. (CDOR) to Issue $0.20 Quarterly Dividend
Condor Hospitality Trust, Inc. (NYSEAMERICAN:CDOR) declared a quarterly dividend on Wednesday, December 20th, Wall Street Journal reports. Stockholders of record on Tuesday, January 2nd will be paid a dividend of 0.195 per share by the financial services provider on Wednesday, January 10th. This represents a $0.78 annualized dividend and a dividend yield of 7.72%. The ex-dividend date of this dividend is Friday, December 29th.
Shares of Condor Hospitality Trust (CDOR) opened at $10.10 on Thursday. Condor Hospitality Trust has a 1 year low of $8.13 and a 1 year high of $15.47. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.74.
A hedge fund recently raised its stake in Condor Hospitality Trust stock. Vanguard Group Inc. grew its holdings in shares of Condor Hospitality Trust, Inc. (NYSEAMERICAN:CDOR) by 30.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,092 shares of the financial services provider’s stock after purchasing an additional 3,039 shares during the period. Vanguard Group Inc. owned approximately 0.11% of Condor Hospitality Trust worth $140,000 at the end of the most recent reporting period. 21.20% of the stock is currently owned by institutional investors and hedge funds.
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