Medalist Diversified REIT, Inc. (NASDAQ:MDRR) Plans $0.07 Quarterly Dividend

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) declared a quarterly dividend on Thursday, June 26th, Wall Street Journal reports. Shareholders of record on Friday, July 11th will be given a dividend of 0.0675 per share on Wednesday, July 16th. This represents a $0.27 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Friday, July 11th.

Medalist Diversified REIT Stock Performance

Shares of MDRR opened at $10.09 on Wednesday. Medalist Diversified REIT has a 1 year low of $9.55 and a 1 year high of $15.00. The company has a market cap of $13.72 million, a price-to-earnings ratio of -5.20 and a beta of 0.24. The company has a debt-to-equity ratio of 1.93, a quick ratio of 3.71 and a current ratio of 3.71. The firm has a fifty day moving average of $11.55 and a 200-day moving average of $12.23.

Medalist Diversified REIT Company Profile

Medalist Diversified REIT Inc is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. The Company's strategy is to focus on commercial real estate which is expected to provide an attractive balance of risk and returns.