Strawberry Fields REIT (NYSEAMERICAN:STRW) Trading Down 4.5% – Here’s What Happened

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) traded down 4.5% during mid-day trading on Tuesday . The company traded as low as $11.35 and last traded at $11.35. 40,786 shares traded hands during mid-day trading, an increase of 30% from the average session volume of 31,382 shares. The stock had previously closed at $11.89.

Strawberry Fields REIT Stock Performance

The firm has a fifty day simple moving average of $11.59 and a 200 day simple moving average of $10.96. The company has a market capitalization of $147.44 million, a PE ratio of 18.92, a P/E/G ratio of 1.11 and a beta of 0.41.

Strawberry Fields REIT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th were paid a dividend of $0.16 per share. The ex-dividend date was Tuesday, September 16th. This represents a $0.64 annualized dividend and a dividend yield of 5.6%. Strawberry Fields REIT’s dividend payout ratio (DPR) is currently 125.49%.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.