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

Slate Grocery REIT (TSE:SGR.UN) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.072 per share on Tuesday, February 18th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date of this dividend is Friday, January 31st.

Slate Grocery REIT Trading Down 1.2 %

Shares of TSE:SGR.UN opened at C$14.00 on Wednesday. Slate Grocery REIT has a 12-month low of C$10.59 and a 12-month high of C$15.14. The stock has a market cap of C$826 million, a PE ratio of 18.42 and a beta of 1.66. The business has a 50 day moving average of C$14.07 and a 200-day moving average of C$13.45. The company has a quick ratio of 0.38, a current ratio of 0.09 and a debt-to-equity ratio of 133.42.

About Slate Grocery REIT

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.3 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.