Streetbeat News

SRRTF

Slate Grocery REIT

Industry

Lessors of Nonresidential Buildings (except Miniwarehouses)

Open

10.55

Mkt cap

625M

Volume

2.1K

High

10.60

P/E Ratio

21.63

52-wk high

10.96

Low

10.55

Div yield

0.08

52-wk low

8.75

Slate Grocery REIT's 8.5% distribution yield is now safer due to operational improvements and debt refinancing. The REIT, owning 116 grocery-anchored properties in the U.S., benefits from major tenants like Kroger and Walmart, ensuring steady cash flow and tenant demand.

Portfolio Pulse from

November 20, 2024 | 8:30 am

Slate Grocery REIT has declared a distribution for November 2024 of U.S.$0.072 per Class U unit, or U.S.$0.864 annually. Investors can opt to receive the distribution in Canadian dollars.

Portfolio Pulse from

November 15, 2024 | 1:15 pm

Slate Grocery REIT (OTC:SRRTF) held its Q3 2024 earnings conference call on November 6, 2024. The call included key company participants discussing the financial results for the third quarter.

Portfolio Pulse from

November 06, 2024 | 4:00 pm

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