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

Slate Grocery REIT (TSE:SGR.UN) declared a monthly dividend on Tuesday, March 31st, TickerTech Dividends reports. Shareholders of record on Wednesday, April 15th will be given a dividend of 0.072 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, March 31st.

Slate Grocery REIT Stock Up 0.7%

Slate Grocery REIT stock opened at C$15.16 on Wednesday. Slate Grocery REIT has a twelve month low of C$12.38 and a twelve month high of C$16.20. The firm has a 50 day moving average price of C$15.60 and a 200-day moving average price of C$15.20. The company has a market capitalization of C$896.43 million, a P/E ratio of 22.43 and a beta of 1.32. The company has a quick ratio of 0.38, a current ratio of 0.09 and a debt-to-equity ratio of 133.42.

Slate Grocery REIT (TSE:SGR.UN) last issued its quarterly earnings results on Tuesday, February 10th. The company reported C$229.28 earnings per share (EPS) for the quarter. The company had revenue of C$71.79 million during the quarter. Slate Grocery REIT had a net margin of 16.33% and a return on equity of 5.14%. As a group, equities analysts predict that Slate Grocery REIT will post 1.8853755 EPS for the current year.

Slate Grocery REIT Company Profile

Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties. The company’s properties include Bloomingdale Plaza, Errol Plaza, Meres Town Center, Oak Hill Village, Salerno Village Square, and many more.