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

Slate Grocery REIT (TSE:SGR.UN) declared a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be paid a dividend of 0.072 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Friday, July 31st.

Slate Grocery REIT Price Performance

Shares of SGR.UN stock opened at C$17.79 on Wednesday. Slate Grocery REIT has a 1 year low of C$13.92 and a 1 year high of C$17.85. The company has a debt-to-equity ratio of 133.42, a quick ratio of 0.38 and a current ratio of 0.09. The business’s fifty day moving average is C$17.30 and its 200-day moving average is C$16.30. The stock has a market cap of C$1.05 billion, a PE ratio of 25.06 and a beta of 1.32.

Slate Grocery REIT (TSE:SGR.UN) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C$0.33 earnings per share for the quarter. The business had revenue of C$82.48 million during the quarter. Slate Grocery REIT had a return on equity of 5.14% and a net margin of 16.33%. Equities analysts expect that Slate Grocery REIT will post 1.8853755 earnings per share for the current fiscal year.

Slate Grocery REIT Company Profile

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