Presidio Property Trust, Inc. (NASDAQ:SQFTP – Get Free Report) declared a monthly dividend on Tuesday, April 8th, Wall Street Journal reports. Investors of record on Monday, June 30th will be given a dividend of 0.1953 per share on Tuesday, July 15th. This represents a $2.34 annualized dividend and a yield of 17.43%. The ex-dividend date is Monday, June 30th.
Presidio Property Trust has increased its dividend by an average of 16.8% per year over the last three years.
Presidio Property Trust Price Performance
Shares of Presidio Property Trust stock traded down $0.75 during trading hours on Tuesday, reaching $13.45. 4,874 shares of the company’s stock were exchanged, compared to its average volume of 3,843. The business has a fifty day moving average of $15.12 and a two-hundred day moving average of $14.64. Presidio Property Trust has a 1 year low of $13.30 and a 1 year high of $18.25.
About Presidio Property Trust
Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. Presidio's model homes are leased to homebuilders located in Arizona, Illinois, Texas, Wisconsin, and Florida. Our office, industrial and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California.
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