SITE Centers Corp. (NYSE:SITC) will begin trading ex-dividend on December 10, 2020. The quarterly dividend payment of $ 0.05 per share is scheduled to be paid on January 7, 2021. The dividend yield based on the latest trading day closing price was 1.97 percent. Shareholders who purchased SITC shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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SITE Centers Corp. recently reported third quarter financial results on October 27, 2020, before market open, the Beachwood based company disclosed income for the third quarter of $ 0.23 per share, from the revenue of $ 95.94 million. The quarterly earnings reduced 23.33 percent while revenues shrunk 12.54 percent compared with the same quarter last year. The consensus estimates are $ 101.56 million in revenue The top line results fell short of analysts by $ 5.62 million or 5.53 percent.
Stock Performance
Shares of SITE Centers Corp. traded low $ -0.03 or -0.29 percent on Tuesday, reaching $ 10.15 with volume of 1.48 million shares. SITE Centers Corp. has traded high as $ 10.36 and has cracked $ 10.04 on the downward trend
According to the previous trading day, closing price of $ 10.15, representing a 182.78 % increase from the 52 week low of $ 3.60 and a 29.35 % decrease over the 52 week high of $ 14.41.
The company has a market capital of $ 1.96 billion and is part of the Real Estate sector and REIT – Retail industry.
SITE Centers is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC.
