Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Declares $0.05 Dividend

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) announced a dividend on Monday, March 17th, NASDAQ Dividends reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.0517 per share on Tuesday, April 15th. The ex-dividend date is Monday, March 31st.

Flagship Communities Real Estate Investment Trust Stock Down 2.4 %

Shares of MHCUF stock traded down $0.40 during trading hours on Tuesday, reaching $16.36. 4,000 shares of the stock traded hands, compared to its average volume of 6,236. Flagship Communities Real Estate Investment Trust has a 1-year low of $13.13 and a 1-year high of $17.26. The business has a fifty day moving average price of $14.75 and a 200 day moving average price of $15.09.

Analyst Ratings Changes

Separately, TD Securities initiated coverage on shares of Flagship Communities Real Estate Investment Trust in a report on Friday, March 7th. They set a “buy” rating on the stock.

Flagship Communities Real Estate Investment Trust Company Profile

Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.