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Stock impact report

Medalist Diversified REIT Announces Cash Dividend of $0.175 Per Share

Medalist Diversified REIT, Inc. (MDRR) 
Company Research Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized and the Company has declared a regular, quarterly cash dividend on its common stock (the “Common Stock”) in the amount of $0.175 per share (the “Dividend”).The Q2 2019 Dividend will be payable in cash on July 17, 2019 to holders of record of the Common Stock as of July 12, 2019.About Medalist Diversified REITMedalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions. The Company’s strategy is to focus on value-add and opportunistic commercial real estate which is expected to provide an attractive balance of risk Show less Read more
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