Medalist Diversified REIT, Inc. Plans Quarterly Dividend of $0.50 (NASDAQ:MDRRP)

Medalist Diversified REIT, Inc. (NASDAQ:MDRRPGet Free Report) announced a quarterly dividend on Tuesday, July 9th, Wall Street Journal reports. Stockholders of record on Tuesday, July 23rd will be given a dividend of 0.50 per share on Friday, July 26th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.15%. The ex-dividend date of this dividend is Tuesday, July 23rd.

Medalist Diversified REIT has increased its dividend by an average of 3.0% annually over the last three years.

Medalist Diversified REIT Price Performance

MDRRP remained flat at $24.54 on Tuesday. The company has a 50 day moving average price of $24.48 and a 200 day moving average price of $24.25. Medalist Diversified REIT has a one year low of $9.60 and a one year high of $28.49.

About Medalist Diversified REIT

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Medalist Diversified REIT Inc is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. The Company's strategy is to focus on commercial real estate which is expected to provide an attractive balance of risk and returns.

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Dividend History for Medalist Diversified REIT (NASDAQ:MDRRP)

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