Regency Affiliates, Inc. (OTCMKTS:RAFI) to Issue Quarterly Dividend of $0.08

Regency Affiliates, Inc. (OTCMKTS:RAFI) declared a quarterly dividend on Tuesday, March 18th, NASDAQ Dividends reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.078 per share on Monday, April 7th. This represents a $0.31 annualized dividend and a dividend yield of 7.76%. The ex-dividend date is Monday, March 31st.

Regency Affiliates Trading Down 2.4 %

Regency Affiliates stock opened at $4.02 on Friday. The stock has a fifty day moving average of $4.57 and a 200 day moving average of $4.63. Regency Affiliates has a one year low of $4.02 and a one year high of $5.25.

About Regency Affiliates

Regency Affiliates, Inc, through its interest in MESC Capital, LLC, owns an on-site energy facility that supplies approximately 61 megawatts of steam and electricity to a Kimberly-Clark tissue mill in Mobile, Alabama. It also owns and operates 34.3 acres of land and rental property of approximately 717,000 square feet comprising a 2-story office building and a connected 6-story office tower in Woodlawn, Maryland through a limited partnership interest.