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Medalist Diversified REIT Preferred Stock About To Put More Money In Your Pocket

On 7/23/24, Medalist Diversified REIT Inc's 8.0% Ser A Cumulative Prfd Stock Due 02/19/2025 (MDRRP) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/26/24. As a percentage of MDRRP's recent share price of $24.70, this dividend works out to approximately 2.02%, so look for shares of MDRRP to trade 2.02% lower — all else being equal — when MDRRP shares open for trading on 7/23/24..
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