Slate Grocery REIT (SGR.UN) To Go Ex-Dividend on October 31st

Slate Grocery REIT (TSE:SGR.UN) declared a monthly dividend on Thursday, October 31st, TickerTech reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.072 per share on Friday, November 15th. This represents a $0.86 dividend on an annualized basis and a yield of 6.26%. The ex-dividend date of this dividend is Thursday, October 31st.

Slate Grocery REIT Stock Down 0.9 %

TSE SGR.UN traded down C$0.13 on Tuesday, reaching C$13.81. The stock had a trading volume of 13,654 shares, compared to its average volume of 100,747. The business has a 50 day moving average price of C$13.50 and a 200 day moving average price of C$12.07. The company has a current ratio of 0.09, a quick ratio of 0.38 and a debt-to-equity ratio of 133.42. Slate Grocery REIT has a 1 year low of C$9.66 and a 1 year high of C$14.34. The company has a market capitalization of C$814.79 million, a price-to-earnings ratio of 18.34 and a beta of 1.66.

Analysts Set New Price Targets

Separately, Raymond James boosted their price target on Slate Grocery REIT from C$9.00 to C$9.75 in a research report on Friday, September 6th.

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.