Medalist Diversified REIT Inc. is a Maryland corporation formed on September 28, 2015. Beginning with our taxable year ended December 31, 2017, we believe that we have operated in a manner qualifying us as a real estate investment trust (REIT), and we have elected to be taxed as a REIT for federal income tax purposes. Our company serves as the general partner of Medalist Diversified Holdings, LP which was formed as a Delaware limited partnership on September 29, 2015. Our company was formed to acquire, reposition, renovate, lease and manage income-producing properties, with a primary focus on (i) commercial properties, including flex-industrial and retail properties, (ii) multi-family residential properties and (iii) limited service hotel properties in secondary and tertiary markets in the southeastern part of the United States, with an expected concentration in Virginia, North Carolina, South Carolina, Georgia, Florida and Alabama.
Medalist Diversified REIT Dividend Announcement
• Medalist Diversified REIT announced a quarterly dividend of $0.06 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-16
• Medalist Diversified REIT annual dividend for 2024 was $0.14
• Medalist Diversified REIT annual dividend for 2023 was $0.02
• Medalist Diversified REIT's trailing twelve-month (TTM) dividend yield is 1.38%
• Medalist Diversified REIT's payout ratio for the trailing twelve months (TTM) is -323.41%
• Medalist Diversified REIT's dividend growth over the last five years (2018-2023) was -35.20% year
Medalist Diversified REIT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-16 | $0.06 | quarterly | 2024-10-21 |
2024-07-23 | $0.05 | quarterly | 2024-07-26 |
2024-04-19 | $0.02 | quarterly | 2024-04-25 |
2024-02-01 | $0.01 | quarterly | 2024-02-02 |
2023-04-24 | $0.01 | quarterly | 2023-04-28 |
2023-01-23 | $0.01 | quarterly | 2023-01-27 |
2022-10-14 | $0.01 | quarterly | 2022-10-20 |
2022-07-15 | $0.02 | quarterly | 2022-07-21 |
2022-04-14 | $0.02 | quarterly | 2022-04-21 |
2022-01-12 | $0.02 | quarterly | 2022-01-20 |
2021-10-22 | $0.02 | quarterly | 2021-10-27 |
2021-07-30 | $0.02 | quarterly | 2021-08-05 |
2020-02-10 | $0.12 | quarterly | 2020-03-10 |
2019-11-12 | $0.17 | quarterly | 2019-12-04 |
2019-07-11 | $0.17 | quarterly | 2019-07-17 |
2019-05-23 | $0.17 | quarterly | 2019-05-28 |
2018-12-11 | $0.17 | quarterly | 2018-12-14 |
Medalist Diversified REIT Dividend per year
Medalist Diversified REIT Dividend growth
Medalist Diversified REIT Dividend Yield
Medalist Diversified REIT current trailing twelve-month (TTM) dividend yield is 1.38%. Interested in purchasing Medalist Diversified REIT stock? Use our calculator to estimate your expected dividend yield:
Medalist Diversified REIT Financial Ratios
Medalist Diversified REIT Dividend FAQ
Other factors to consider when evaluating Medalist Diversified REIT as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Medalist Diversified REIT's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Medalist Diversified REIT publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Medalist Diversified REIT distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Medalist Diversified REIT are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Medalist Diversified REIT sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Medalist Diversified REIT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Medalist Diversified REIT declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Medalist Diversified REIT's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Medalist Diversified REIT's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.