American Finance Trust Inc (NASDAQ:AFIN) Declares $0.09 Dividend

American Finance Trust Inc (NASDAQ:AFIN) declared a dividend on Tuesday, October 1st, Fidelity reports. Stockholders of record on Monday, December 9th will be paid a dividend of 0.0917 per share on Monday, December 16th. The ex-dividend date of this dividend is Friday, December 6th.

NASDAQ AFIN opened at $14.65 on Wednesday. The company has a fifty day simple moving average of $14.68 and a 200 day simple moving average of $12.59. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.11 and a quick ratio of 0.11. American Finance Trust has a 12-month low of $9.36 and a 12-month high of $15.18.

In related news, Director Lisa Kabnick bought 14,310 shares of the company’s stock in a transaction dated Monday, September 30th. The shares were bought at an average price of $13.91 per share, for a total transaction of $199,052.10.

Several research analysts have weighed in on the stock. B. Riley initiated coverage on shares of American Finance Trust in a report on Monday, September 16th. They set a “neutral” rating and a $14.00 price objective on the stock. ValuEngine upgraded shares of American Finance Trust from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. TheStreet raised shares of American Finance Trust from a “d+” rating to a “c-” rating in a research report on Tuesday, September 10th. Zacks Investment Research downgraded shares of American Finance Trust from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, DA Davidson restated a “neutral” rating on shares of American Finance Trust in a report on Thursday, October 3rd. Four analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and an average target price of $15.33.

American Finance Trust Company Profile

American Finance Trust, Inc (Nasdaq: AFIN) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S.

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Dividend History for American Finance Trust (NASDAQ:AFIN)

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