Wheeler Real Estate Investment Trust Inc. (NASDAQ:WHLR) declared a monthly dividend on Tuesday, December 20th. Shareholders of record on Friday, December 30th will be given a dividend of 0.0175 per share on Tuesday, January 31st. This represents a $0.21 annualized dividend and a dividend yield of 12.80%. The ex-dividend date of this dividend is Wednesday, December 28th.
Wheeler Real Estate Investment Trust (NASDAQ:WHLR) opened at 1.64 on Friday. The firm has a 50 day moving average of $1.62 and a 200 day moving average of $1.67. The firm’s market capitalization is $111.46 million. Wheeler Real Estate Investment Trust has a 12-month low of $1.10 and a 12-month high of $1.95.
In other news, CEO Jon S. Wheeler bought 30,867 shares of the business’s stock in a transaction that occurred on Tuesday, December 20th. The shares were bought at an average cost of $1.63 per share, for a total transaction of $50,313.21. Following the acquisition, the chief executive officer now directly owns 729,566 shares in the company, valued at $1,189,192.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David Kelly bought 17,285 shares of the business’s stock in a transaction that occurred on Friday, September 30th. The stock was purchased at an average price of $1.74 per share, for a total transaction of $30,075.90. Following the completion of the acquisition, the director now owns 38,253 shares in the company, valued at $66,560.22. The disclosure for this purchase can be found here. 4.51% of the stock is owned by corporate insiders.
About Wheeler Real Estate Investment Trust