Slate Grocery REIT (TSE:SGR.UN) to Issue $0.07 Monthly Dividend

Slate Grocery REIT (TSE:SGR.UN) announced a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Shareholders 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 yield of 5.0%. The ex-dividend date of this dividend is Tuesday, June 30th.

Slate Grocery REIT Stock Down 0.8%

TSE:SGR.UN opened at C$17.36 on Wednesday. The company has a debt-to-equity ratio of 133.42, a quick ratio of 0.38 and a current ratio of 0.09. The company has a market capitalization of C$1.03 billion, a price-to-earnings ratio of 24.45 and a beta of 1.33. Slate Grocery REIT has a one year low of C$13.92 and a one year high of C$17.63. The stock has a 50-day simple moving average of C$16.71 and a 200 day simple moving average of C$15.97.

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.