Medalist Diversified REIT, Inc. (NASDAQ:MDRR – Get Rating) insider Thomas E. Messier bought 20,000 shares of the business’s stock in a transaction on Friday, June 17th. The shares were acquired at an average cost of $0.93 per share, with a total value of $18,600.00. Following the purchase, the insider now owns 197,002 shares of the company’s stock, valued at $183,211.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
MDRR stock opened at $0.89 on Thursday. The business has a fifty day moving average of $0.99 and a two-hundred day moving average of $1.03. The company has a quick ratio of 6.26, a current ratio of 6.26 and a debt-to-equity ratio of 2.72. The stock has a market cap of $15.50 million, a price-to-earnings ratio of -5.23 and a beta of 0.77. Medalist Diversified REIT, Inc. has a 52-week low of $0.82 and a 52-week high of $1.55.
The firm also recently announced a quarterly dividend, which was paid on Thursday, April 21st. Shareholders of record on Monday, April 18th were paid a dividend of $0.02 per share. The ex-dividend date was Thursday, April 14th. This represents a $0.08 annualized dividend and a yield of 9.00%. Medalist Diversified REIT’s dividend payout ratio (DPR) is -47.06%.
About Medalist Diversified REIT (Get Rating)
Medalist Diversified REIT Inc is a Maryland corporation formed on September 28, 2015. Beginning with our taxable year ended December 31, 2017, we believe that we have operated in a manner qualifying us as a real estate investment trust (REIT), and we have elected to be taxed as a REIT for federal income tax purposes.
- Get a free copy of the StockNews.com research report on Medalist Diversified REIT (MDRR)
- Downturn Gives These 3 Buys Juicy Dividend Yields
- Victoria’s Secret Stock is Out of the Box
- Time For a Ride in Six Flags Stock
- Why Dollar General (NYSE: DG) Should Be In Your Portfolio
- Korn Ferry Is A Good Buy For The Recession And Beyond
Receive News & Ratings for Medalist Diversified REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medalist Diversified REIT and related companies with MarketBeat.com's FREE daily email newsletter.