Strawberry Fields REIT (NYSEAMERICAN:STRW) Stock Price Down 0.9%

Shares of Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) were down 0.9% on Thursday . The company traded as low as $11.40 and last traded at $11.59. Approximately 7,434 shares changed hands during trading, a decline of 84% from the average daily volume of 47,491 shares. The stock had previously closed at $11.70.

Strawberry Fields REIT Price Performance

The firm has a market capitalization of $74.64 million, a price-to-earnings ratio of 26.95 and a beta of 0.24.

Strawberry Fields REIT Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 17th were given a dividend of $0.13 per share. This is a boost from Strawberry Fields REIT’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Monday, June 17th. This represents a $0.52 annualized dividend and a yield of 4.49%. Strawberry Fields REIT’s dividend payout ratio (DPR) is presently 120.93%.

About Strawberry Fields REIT

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.