Medalist Diversified REIT (MDRR) Declares $0.02 Quarterly Dividend; 6.8% Yield

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Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock

July 22, 2021 7:30 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- Medalist Diversified REIT (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend on its common stock (the Common Stock) in the amount of $0.02 per share (the Dividend). In its decision, the Board of Directors considered a variety of factors, including the cash flow of the company.

The Q2 2021... More