Regency Centers Co. (NASDAQ:REGCP – Get Free Report) was down 0.5% during mid-day trading on Thursday. The stock traded as low as $21.86 and last traded at $21.87. Approximately 3,321 shares traded hands during trading, a decline of 26% from the average daily volume of 4,479 shares. The stock had previously closed at $21.99.
Regency Centers Price Performance
The business’s 50-day moving average price is $22.85 and its 200 day moving average price is $23.05.
Regency Centers Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be issued a dividend of $0.3906 per share. The ex-dividend date is Thursday, October 15th. This represents a $1.56 dividend on an annualized basis and a yield of 7.0%.
About Regency Centers
Regency Centers Corporation is a real estate investment trust that owns, operates and develops shopping centers, primarily those anchored by supermarkets and other essential-needs retailers. Its properties are designed to serve local communities and typically include grocery stores, restaurants, service businesses and specialty retailers.
The company’s activities include acquiring and developing retail properties, managing its real estate portfolio and leasing space to national, regional and local tenants.
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