Regency Affiliates Inc (RAFI) to Issue Quarterly Dividend of $0.06 on January 5th
Regency Affiliates Inc (OTCMKTS:RAFI) announced a quarterly dividend on Monday, December 18th, Zacks reports. Stockholders of record on Friday, December 29th will be given a dividend of 0.063 per share on Friday, January 5th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date is Thursday, December 28th.
Regency Affiliates (OTCMKTS:RAFI) traded up $0.10 during trading hours on Wednesday, hitting $7.65. The stock had a trading volume of 5,000 shares, compared to its average volume of 3,799. The company has a market cap of $27.77, a P/E ratio of 10.48 and a beta of 0.38. Regency Affiliates has a 1 year low of $6.80 and a 1 year high of $9.54.
Regency Affiliates Company Profile
Regency Affiliates, Inc invests in assets that generate predictable and sustainable returns on capital. The Company’s objective is to generate long-term value for its shareholders. The Company’s management seeks investment opportunities to meet its business characteristics and valuation criteria. The Company holds a limited partnership interest in Security Land and Development Company Limited Partnership (Security Land), which owns and operates approximately 34.3 acres of land and rental property of approximately 717,000 square feet in Woodlawn, Maryland.
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