$0.10 dividends are now a reality for Whitestone REIT (NYSE:WSR) shareholders. Here’s why.

December 3, 2017 - By Ellis Scott

 $0.10 dividends are now a reality for Whitestone REIT (NYSE:WSR) shareholders. Here's why.
Investors sentiment increased to 2.41 in Q2 2017. Its up 1.38, from 1.03 in 2017Q1. It improved, as 13 investors sold Whitestone REIT shares while 14 reduced holdings. 22 funds opened positions while 43 raised stakes. 15.36 million shares or 18.61% more from 12.95 million shares in 2017Q1 were reported.
Nationwide Fund Advsr stated it has 0% of its portfolio in Whitestone REIT (NYSE:WSR). Wells Fargo & Co Mn holds 96,492 shares or 0% of its portfolio. Citigroup Inc holds 0% or 852 shares. Deutsche National Bank & Trust Ag holds 91,217 shares or 0% of its portfolio. Tiaa Cref Ltd holds 98,020 shares. Parametric Assoc Limited Liability Company has 30,436 shares for 0% of their portfolio. Orinda Asset holds 270,776 shares. Geode Mgmt Ltd accumulated 340,453 shares. Delta Asset Ltd Liability Corp Tn holds 0% or 1,770 shares. California State Teachers Retirement System has 0% invested in Whitestone REIT (NYSE:WSR) for 65,188 shares. Credit Suisse Ag holds 0% or 12,992 shares. Renaissance Tech Llc invested in 0% or 307,701 shares. State Street Corporation invested 0% in Whitestone REIT (NYSE:WSR). Barclays Pcl holds 102 shares or 0% of its portfolio. Royal Natl Bank Of Canada has invested 0% in Whitestone REIT (NYSE:WSR).

Whitestone REIT (NYSE:WSR) is expected to pay $0.10 on Dec 14, 2017. The indicated annual dividend is $1.14. Shareholders owning the stock before Dec 4, 2017 will be eligible to receive the payout. Based on Whitestone REIT’s current price of $14.81, the dividend is 0.64 %. This dividend’s record date is Dec 5, 2017 and the announcement date is Sep 13, 2017. The stock increased 0.27% or $0.04 during the last trading session, reaching $14.81. About 335,168 shares traded. Whitestone REIT (NYSE:WSR) has declined 9.96% since December 3, 2016 and is downtrending. It has underperformed by 26.66% the S&P500.

Whitestone REIT is an equity real estate investment trust. The company has market cap of $586.28 million. The firm invests in the real estate markets of the United States. It has a 102.85 P/E ratio. It is engaged in owning and operating commercial properties in culturally diverse markets in major metropolitan areas.

Whitestone REIT (NYSE:WSR) Ratings Coverage

Among 5 analysts covering Whitestone REIT (NYSE:WSR), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Whitestone REIT has $20 highest and $14.0 lowest target. $16.33’s average target is 10.26% above currents $14.81 stock price. Whitestone REIT had 12 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Whitestone REIT (NYSE:WSR) earned “Hold” rating by Ladenburg on Thursday, November 30. The rating was maintained by Maxim Group on Friday, July 29 with “Buy”. Maxim Group maintained Whitestone REIT (NYSE:WSR) on Thursday, November 2 with “Buy” rating. As per Friday, August 19, the company rating was downgraded by Robert W. Baird. The rating was maintained by Maxim Group with “Buy” on Friday, August 4. The stock of Whitestone REIT (NYSE:WSR) has “Hold” rating given on Friday, August 18 by Ladenburg. The company was initiated on Monday, December 14 by SunTrust. SunTrust maintained it with “Hold” rating and $14.0 target in Friday, December 1 report. On Thursday, July 23 the stock rating was initiated by Robert W. Baird with “Outperform”. The company was maintained on Wednesday, June 14 by Maxim Group.

More notable recent Whitestone REIT (NYSE:WSR) news were published by: Seekingalpha.com which released: “Whitestone REIT: This 9% Yielder Is A Buy” on May 01, 2017, also Nasdaq.com with their article: “Whitestone REIT (WSR) Ex-Dividend Date Scheduled for December 04, 2017” published on December 01, 2017, Seekingalpha.com published: “Whitestone REIT: Built To Last Or Built To Sell?” on October 25, 2017. More interesting news about Whitestone REIT (NYSE:WSR) were released by: Seekingalpha.com and their article: “Whitestone REIT: Tantalizing 9% Dividend Yield Appears Covered, But High Debt …” published on July 18, 2017 as well as Globenewswire.com‘s news article titled: “Whitestone REIT Reports Third Quarter 2017 Results” with publication date: November 01, 2017.

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