Safe and Green Development Co. (NASDAQ:SGD) Announces — Dividend of $5.00

Safe and Green Development Co. (NASDAQ:SGD) announced a — dividend on Wednesday, March 12th, Wall Street Journal reports. Shareholders of record on Monday, April 7th will be paid a dividend of 5.00 per share on Tuesday, April 22nd. The ex-dividend date is Wednesday, April 23rd.

Safe and Green Development Stock Performance

Shares of NASDAQ SGD traded down $0.01 during midday trading on Wednesday, hitting $1.28. 13,883 shares of the company’s stock were exchanged, compared to its average volume of 363,487. Safe and Green Development has a twelve month low of $1.03 and a twelve month high of $22.20. The stock’s 50 day moving average price is $1.68 and its 200-day moving average price is $2.96.

Safe and Green Development Company Profile

Safe and Green Development Corporation operates as a real estate development company. It focuses on building single and multifamily projects. The company was formerly known as SGB Development Corp. and changed its name to Safe and Green Development Corporation in December 2022. The company was incorporated in 2021 and is based in Miami, Florida.