{"id":516260,"date":"2021-07-22T07:33:30","date_gmt":"2021-07-22T11:33:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/medalist-diversified-reit-announces-cash-dividend-of-0-02-per-share-on-its-common-stock\/"},"modified":"2021-07-22T07:33:30","modified_gmt":"2021-07-22T11:33:30","slug":"medalist-diversified-reit-announces-cash-dividend-of-0-02-per-share-on-its-common-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/medalist-diversified-reit-announces-cash-dividend-of-0-02-per-share-on-its-common-stock\/","title":{"rendered":"Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock"},"content":{"rendered":"

<\/p>\n

Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock<\/span><\/b><\/p>\n

RICHMOND, Va.–(BUSINESS WIRE<\/a>)–Medalist Diversified REIT <\/b>(NASDAQ: MDRR) (the \u201cCompany\u201d or \u201cMedalist\u201d), 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 \u201cCommon Stock\u201d) in the amount of $0.02 per share (the \u201cDividend\u201d). In its decision, the Board of Directors considered a variety of factors, including the cash flow of the company.\n<\/p>\n

\nThe Q2 2021 Dividend will be payable in cash on August 5, 2021 to holders of record of the company\u2019s Common Stock as of August 2, 2021.\n<\/p>\n

About Medalist Diversified REIT <\/b><\/p>\n

\nMedalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions. The Company\u2019s strategy is to focus on value-add and opportunistic commercial real estate which is expected to provide an attractive balance of risk and returns. Medalist utilizes a rigorous, consistent and replicable process for sourcing and conducting due diligence of acquisitions. The Company seeks to maximize operating performance of current properties by utilizing a hands-on approach to property management while monitoring the middle market real estate markets in the southeast for acquisition opportunities and disposal of properties as considered appropriate. For more information on Medalist, please visit the Company website at https:\/\/www.medalistreit.com<\/a>.\n<\/p>\n

Forward Looking Statements <\/b><\/p>\n

This press release contains statements that are \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward looking statements are statements that are not historical, including statements regarding management\u2019s intentions, beliefs, expectations, representations, plans or predictions of the future, and are typically identified by such words as \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cestimate,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould\u201d and \u201ccould.\u201d Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward looking statements. These forward-looking statements are based upon the Company\u2019s present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the \u201cRisk Factors\u201d section of the prospectus dated April 8, 2021, and in the Company\u2019s subsequent annual and periodic reports and other documents filed with the SEC, copies of which are available on the SEC\u2019s website, www.sec.gov<\/a>.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210722005515\/en\/<\/a><\/span><\/p>\n

\nPaul Kuntz, Communications Director
\n
RedChip Companies
\n
paul@redchip.com
\n<\/a>
412-708-4590\n<\/p>\n

KEYWORDS:<\/b> United States North America Virginia<\/p>\n

INDUSTRY KEYWORDS:<\/b> Commercial Building & Real Estate Construction & Property REIT<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock RICHMOND, Va.–(BUSINESS WIRE)–Medalist Diversified REIT (NASDAQ: MDRR) (the \u201cCompany\u201d or \u201cMedalist\u201d), 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 \u201cCommon Stock\u201d) in the amount of $0.02 per share (the \u201cDividend\u201d). In its decision, the Board of Directors considered a variety of factors, including the cash flow of the company. The Q2 2021 Dividend will be payable in cash on August 5, 2021 to holders of record of the … <\/p>\n

Continue reading “Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-516260","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMedalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/medalist-diversified-reit-announces-cash-dividend-of-0-02-per-share-on-its-common-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock RICHMOND, Va.–(BUSINESS WIRE)–Medalist Diversified REIT (NASDAQ: MDRR) (the \u201cCompany\u201d or \u201cMedalist\u201d), 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 \u201cCommon Stock\u201d) in the amount of $0.02 per share (the \u201cDividend\u201d). 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