Sila Realty Trust, Inc. (SILA) to Issue Quarterly Dividend of $0.40 on June 4th

Sila Realty Trust, Inc. (NYSE:SILA) announced a quarterly dividend on Wednesday, May 6th. Stockholders of record on Wednesday, May 20th will be given a dividend of 0.40 per share on Thursday, June 4th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend is Wednesday, May 20th.

Sila Realty Trust Price Performance

Shares of NYSE:SILA traded down $0.01 during trading on Friday, hitting $30.58. 153,852 shares of the stock were exchanged, compared to its average volume of 591,990. The company has a market cap of $1.69 billion, a PE ratio of 52.72 and a beta of 1.01. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.51. The company has a fifty day moving average price of $25.97 and a two-hundred day moving average price of $24.59. Sila Realty Trust has a 12-month low of $21.94 and a 12-month high of $30.63.

Sila Realty Trust (NYSE:SILA) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.02. The firm had revenue of $52.67 million during the quarter, compared to the consensus estimate of $49.77 million. Sila Realty Trust had a return on equity of 2.39% and a net margin of 16.36%. On average, analysts forecast that Sila Realty Trust will post 2.24 EPS for the current year.

Hedge Funds Weigh In On Sila Realty Trust

Institutional investors and hedge funds have recently modified their holdings of the company. Principal Financial Group Inc. acquired a new stake in shares of Sila Realty Trust during the third quarter worth $1,081,000. Segall Bryant & Hamill LLC purchased a new position in Sila Realty Trust during the third quarter worth about $1,095,000. JPMorgan Chase & Co. boosted its stake in Sila Realty Trust by 80.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 221,264 shares of the company’s stock worth $5,554,000 after buying an additional 98,662 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Sila Realty Trust by 21.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 236,344 shares of the company’s stock valued at $5,932,000 after buying an additional 41,127 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of Sila Realty Trust by 171.4% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 91,403 shares of the company’s stock valued at $2,294,000 after acquiring an additional 57,722 shares during the last quarter.

About Sila Realty Trust

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams. Our portfolio comprises high quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients.