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

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

Slate Grocery REIT Stock Performance

SGR.UN traded down C$0.13 during midday trading on Wednesday, hitting C$17.66. 5,710 shares of the company traded hands, compared to its average volume of 105,060. The firm has a market capitalization of C$1.05 billion, a PE ratio of 24.88 and a beta of 1.32. Slate Grocery REIT has a 52 week low of C$13.92 and a 52 week high of C$17.85. The company has a quick ratio of 0.38, a current ratio of 0.09 and a debt-to-equity ratio of 133.42. The company’s 50-day moving average is C$17.30 and its 200 day moving average is C$16.30.

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

About Slate Grocery REIT

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.