Medalist Diversified REIT, Inc. (NASDAQ:MDRR - Get Free Report) insider Benjamin Ore bought 1,000 shares of the business's stock in a transaction that occurred on Monday, November 25th. The shares were bought at an average price of $12.31 per share, with a total value of $12,310.00. Following the transaction, the insider now directly owns 4,500 shares in the company, valued at $55,395. This trade represents a 28.57 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Benjamin Ore also recently made the following trade(s):
- On Friday, September 13th, Benjamin Ore bought 369 shares of Medalist Diversified REIT stock. The stock was purchased at an average price of $12.05 per share, with a total value of $4,446.45.
- On Tuesday, September 10th, Benjamin Ore bought 644 shares of Medalist Diversified REIT stock. The stock was acquired at an average price of $12.25 per share, with a total value of $7,889.00.
Medalist Diversified REIT Trading Up 0.6 %
Shares of NASDAQ MDRR opened at $12.38 on Wednesday. Medalist Diversified REIT, Inc. has a 12-month low of $8.24 and a 12-month high of $14.94. The stock's 50-day moving average is $12.22. The company has a debt-to-equity ratio of 3.05, a quick ratio of 4.01 and a current ratio of 4.01.
Medalist Diversified REIT Cuts Dividend
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The business also recently announced a quarterly dividend, which was paid on Monday, October 21st. Stockholders of record on Wednesday, October 16th were given a dividend of $0.06 per share. The ex-dividend date was Wednesday, October 16th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.94%. Medalist Diversified REIT's payout ratio is -109.09%.
Institutional Trading of Medalist Diversified REIT
An institutional investor recently bought a new position in Medalist Diversified REIT stock. EP Wealth Advisors LLC acquired a new position in shares of Medalist Diversified REIT, Inc. (NASDAQ:MDRR - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 45,345 shares of the company's stock, valued at approximately $545,000. EP Wealth Advisors LLC owned approximately 4.07% of Medalist Diversified REIT as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 17.40% of the company's stock.
About Medalist Diversified REIT
(
Get Free Report)
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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