Medalist Diversified REIT (MDRR) Declares $0.02 Quarterly Dividend; 7.2% Yield

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

April 5, 2022 6:05 PM 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").

The Q1 2022 Dividend will be payable in cash on April 21, 2022 to holders of record of the Common Stock as of April 18,... More