Medalist Diversified REIT (NASDAQ: MDRR)
Medalist Diversified REIT (NASDAQ: MDRR) is a dvidend-paying, Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions. The Company’s strategy is to focus on value-add and opportunistic commercial real estate which is expected to provide an attractive balance of risk and returns. Medalist utilizes a rigorous, consistent and replicable process for sourcing and conducting due diligence of acquisitions. The Company seeks to maximize operating performance of current properties by utilizing a hands-on approach to property management while monitoring the middle market real estate markets in the southeast for acquisition opportunities and disposal of properties as considered appropriate. The company is targeting a $0.175 per share quarterly dividend. Its most recent dividend was paid in July 2019.