Medalist Diversified REIT, Inc. was incorporated in Maryland on September 28, 2015. The company believes it began operating in a manner consistent with Real Estate Investment Trust (REIT) qualifications for its fiscal year ending December 31, 2017, and has since elected to be treated as a REIT for federal income tax purposes. Additionally, it serves as the general partner for Medalist Diversified Holdings, LP, a Delaware limited partnership established a day later on September 29, 2015. The company's core business involves the acquisition, enhancement, renovation, leasing, and ongoing management of income-generating real estate assets. Its investment strategy places a primary focus on commercial properties (including flexible industrial and retail spaces), multi-family residential complexes, and limited-service hotel properties. These holdings are strategically located in secondary and tertiary markets throughout the southeastern United States, with a strong anticipated presence in Virginia, North Carolina, South Carolina, Georgia, Florida, and Alabama.
The current price of MDRR is $11.80 USD — it has increased by +4.42% in the past 24 hours. Watch Medalist Diversified stock price performance more closely on the chart.
What is Medalist Diversified stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on XNAS exchange Medalist Diversified stocks are traded under the ticker MDRR.
Is Medalist Diversified stock price growing?▼
MDRR stock has risen by +5.08% compared to the previous week, the month change is a +3.87% rise, over the last year Medalist Diversified has showed a +5.26% increase.
What is Medalist Diversified market cap?▼
Today Medalist Diversified has the market capitalization of 13.12M
When is the next Medalist Diversified earnings date?▼
Medalist Diversified is going to release the next earnings report on August 12, 2026.
What is Medalist Diversified revenue for the last year?▼
Medalist Diversified revenue for the last year amounts to 19.47M USD.
What is Medalist Diversified net income for the last year?▼
MDRR net income for the last year is 1.96M USD.
Does Medalist Diversified pay dividends?▼
Yes, MDRR dividends are paid quarterly. The last dividend per share was 0.07 USD. As of today, Dividend Yield (FWD)% is 2.39%.
In which sector is Medalist Diversified located?▼
Medalist Diversified operates in the Real Estate sector.
When did Medalist Diversified complete a stock split?▼
The last stock split for Medalist Diversified was on July 03, 2024 with a ratio of 5:1.
Where is Medalist Diversified headquartered?▼
Medalist Diversified is headquartered in Richmond, United States.