Presidio Property Trust (NASDAQ:SQFTP) Shares Down 0.8% – Here’s What Happened

by · The Markets Daily

Presidio Property Trust, Inc. (NASDAQ:SQFTP – Get Free Report) fell 0.8% during mid-day trading on Friday . The company traded as low as $15.53 and last traded at $15.63. 2,236 shares changed hands during trading, a decline of 29% from the average session volume of 3,142 shares. The stock had previously closed at $15.75.

Presidio Property Trust Stock Performance

The firm’s 50 day moving average is $15.47 and its 200 day moving average is $14.89.

Presidio Property Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a $0.1953 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 15.0%. The ex-dividend date of this dividend is Wednesday, December 31st.

Presidio Property Trust Company Profile

(Get Free Report)

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.

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