Presidio Property Trust, Inc. to Issue Monthly Dividend of $0.20 (NASDAQ:SQFTP)

Presidio Property Trust, Inc. (NASDAQ:SQFTP) announced a monthly dividend on Tuesday, January 7th,Wall Street Journal reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.1953 per share on Tuesday, April 15th. This represents a $2.34 annualized dividend and a yield of 16.42%. The ex-dividend date is Monday, March 31st.

Presidio Property Trust has increased its dividend payment by an average of 22.5% per year over the last three years.

Presidio Property Trust Stock Performance

NASDAQ SQFTP opened at $14.27 on Wednesday. Presidio Property Trust has a 1-year low of $13.30 and a 1-year high of $18.84. The stock’s 50 day simple moving average is $14.15 and its 200-day simple moving average is $14.91.

Presidio Property Trust Company Profile

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.