Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Declares $0.16 Quarterly Dividend

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Strawberry Fields REIT, Inc. (STRW) has declared a quarterly dividend of $0.16 per share, leading to an annualized dividend of $0.56 and a 5.0% yield. While the current payout ratio of 107.7% suggests dividends aren’t fully covered by current earnings, analysts project a $1.26 EPS for the next year, which would result in a more sustainable payout ratio of 44.4%. The company recently released earnings, missing analyst estimates, but maintains a “Moderate Buy” consensus rating with a $13.66 price target from analysts.

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