Regency Centers Co. (NASDAQ:REGCP – Get Free Report)’s share price was up 0.3% during mid-day trading on Thursday following a dividend announcement from the company. The stock traded as high as $23.80 and last traded at $23.80. Approximately 4,525 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 7,547 shares. The stock had previously closed at $23.73.
The newly announced dividend which will be paid on Thursday, July 31st. Stockholders of record on Wednesday, July 16th will be issued a $0.3906 dividend. The ex-dividend date is Wednesday, July 16th. This represents a $1.56 annualized dividend and a dividend yield of 6.57%.
Regency Centers Price Performance
The business has a 50 day moving average price of $23.32 and a two-hundred day moving average price of $23.72.
About Regency Centers
Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.
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