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RICHMOND - Medalist Diversified REIT (NASDAQ:MDRR) announced Friday it will pay a quarterly dividend of $0.0675 per share on its common stock, representing a 2.37% yield. The dividend will be distributed in cash on July 16, 2025, to shareholders of record as of July 11, 2025. InvestingPro data shows the company has achieved remarkable dividend growth of 237.5% over the last twelve months.
Medalist Diversified REIT is a Virginia-based real estate investment trust that focuses on acquiring, owning and managing commercial real estate properties in the Southeast region of the United States. With a market capitalization of $23.88 million and annual revenue of $9.49 million, the company maintains a healthy current ratio of 2.83, indicating strong liquidity. According to InvestingPro analysis, the company’s overall financial health is rated as FAIR.
The dividend announcement was made through a company press release statement following authorization by Medalist’s Board of Directors. While the company shows high shareholder yield, InvestingPro analysis reveals additional insights about the company’s financial performance, with 5 more exclusive ProTips available to subscribers.
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