FrontView REIT, Inc. (NYSE:FVR) Plans $0.21 Quarterly Dividend

FrontView REIT, Inc. (NYSE:FVR) declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.215 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Wednesday, September 30th.

FrontView REIT Stock Down 3.4%

Shares of FVR traded down $0.69 during midday trading on Thursday, reaching $19.49. 203,627 shares of the stock were exchanged, compared to its average volume of 155,013. The company has a market cap of $441.49 million, a price-to-earnings ratio of -121.81, a P/E/G ratio of 1.59 and a beta of 1.08. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.61. FrontView REIT has a 12-month low of $11.77 and a 12-month high of $22.29. The firm has a 50 day simple moving average of $20.11 and a 200-day simple moving average of $17.85.

Institutional Trading of FrontView REIT

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp acquired a new stake in FrontView REIT in the 2nd quarter valued at about $1,541,000. State of Wyoming bought a new position in FrontView REIT in the 2nd quarter worth approximately $166,000. Avalon Trust Co acquired a new position in FrontView REIT during the 2nd quarter worth $48,000. Royal Bank of Canada boosted its position in FrontView REIT by 6,163.9% in the 1st quarter. Royal Bank of Canada now owns 81,431 shares of the company’s stock valued at $1,260,000 after buying an additional 80,131 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in shares of FrontView REIT in the 1st quarter valued at $336,000.

About FrontView REIT

FrontView REIT specializes in real estate investing.