Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Raises Dividend to $0.14 Per Share

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRWGet Free Report) announced a quarterly dividend on Thursday, November 7th,Wall Street Journal reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.14 per share on Monday, December 30th. This represents a $0.56 annualized dividend and a dividend yield of 5.41%. The ex-dividend date of this dividend is Monday, December 16th. This is an increase from Strawberry Fields REIT’s previous quarterly dividend of $0.13.

Strawberry Fields REIT Stock Performance

STRW stock opened at $10.35 on Friday. Strawberry Fields REIT has a one year low of $6.56 and a one year high of $12.90. The company has a market cap of $77.42 million, a PE ratio of 20.29 and a beta of 0.22.

Insiders Place Their Bets

In related news, Director Michael Blisko acquired 9,600 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were purchased at an average cost of $10.35 per share, for a total transaction of $99,360.00. Following the acquisition, the director now owns 214,880 shares in the company, valued at $2,224,008. The trade was a 4.68 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Moishe Gubin acquired 17,600 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were bought at an average cost of $11.99 per share, with a total value of $211,024.00. Following the transaction, the chief executive officer now directly owns 467,700 shares in the company, valued at $5,607,723. This trade represents a 3.91 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 144,547 shares of company stock valued at $1,483,854 over the last quarter. 10.60% of the stock is owned by insiders.

Strawberry Fields REIT Company Profile

(Get Free Report)

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.

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Dividend History for Strawberry Fields REIT (NYSEAMERICAN:STRW)

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