Slate Grocery REIT (OTCMKTS:SRRTF) Trading 1.3% Higher

Posted by Defense World Staff on Jun 20th, 2023

Slate Grocery REIT (OTCMKTS:SRRTF – Get Rating) was up 1.3% on Monday . The company traded as high as $10.02 and last traded at $10.01. Approximately 1,300 shares traded hands during trading, a decline of 82% from the average daily volume of 7,277 shares. The stock had previously closed at $9.88.

Analyst Upgrades and Downgrades

Separately, Raymond James dropped their target price on Slate Grocery REIT from C$12.25 to C$11.25 in a research report on Tuesday, May 9th.

Slate Grocery REIT Trading Up 1.3 %

The business has a 50 day simple moving average of $9.72 and a two-hundred day simple moving average of $10.58.

Slate Grocery REIT Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 15th. Shareholders of record on Wednesday, May 31st were issued a dividend of $0.072 per share. This represents a yield of 9.02%. The ex-dividend date was Tuesday, May 30th.

About Slate Grocery REIT

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Slate Grocery REIT operates as a real estate investment trust, which engages in acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties. Its portfolios include residential, office, and industrial projects. The company was founded by Blair Welch and Brady Welch on January 18, 2012 and is headquartered in Toronto, Canada.