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

Presidio Property Trust, Inc. (NASDAQ:SQFTP) declared a monthly dividend on Wednesday, January 8th,Wall Street Journal reports. Stockholders 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 dividend yield of 16.56%. The ex-dividend date of this dividend is Monday, March 31st.

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

Presidio Property Trust Stock Down 0.8 %

NASDAQ:SQFTP opened at $14.15 on Thursday. Presidio Property Trust has a twelve month low of $13.30 and a twelve month high of $18.84. The business has a 50 day moving average price of $14.14 and a two-hundred day moving average price of $14.91.

About Presidio Property Trust

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.