Insider Buying: Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) CEO Acquires 9,529 Shares of Stock

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) CEO Moishe Gubin acquired 9,529 shares of the business’s stock in a transaction dated Monday, July 22nd. The stock was acquired at an average cost of $9.95 per share, for a total transaction of $94,813.55. Following the transaction, the chief executive officer now owns 450,111 shares of the company’s stock, valued at $4,478,604.45. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Strawberry Fields REIT Stock Up 2.7 %

Shares of STRW opened at $11.70 on Friday. The stock has a market capitalization of $75.35 million, a PE ratio of 1.40 and a beta of 0.24. Strawberry Fields REIT, Inc. has a one year low of $5.93 and a one year high of $12.84.

Strawberry Fields REIT Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 17th were issued a $0.13 dividend. This is a boost from Strawberry Fields REIT’s previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a yield of 4.44%. The ex-dividend date of this dividend was Monday, June 17th. Strawberry Fields REIT’s dividend payout ratio is currently 120.93%.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.