Medalist Diversified REIT, Inc. (NASDAQ:MDRRP – Get Rating) declared a quarterly dividend on Friday, January 13th, Wall Street Journal reports. Investors of record on Tuesday, January 24th will be paid a dividend of 0.50 per share on Friday, January 27th. This represents a $2.00 annualized dividend and a yield of 8.23%. The ex-dividend date of this dividend is Monday, January 23rd.
Medalist Diversified REIT Stock Performance
Medalist Diversified REIT stock traded up $0.56 during mid-day trading on Friday, hitting $24.31. 311 shares of the company were exchanged, compared to its average volume of 652. The business has a fifty day moving average of $23.38 and a 200 day moving average of $22.03. Medalist Diversified REIT has a 1-year low of $19.00 and a 1-year high of $24.57.
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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.See Also
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