$0.20 dividends are within arm’s reach for Global Medical REIT Inc. (NYSE:GMRE) shareholders.

December 21, 2017 – By Marguerite Chambers

Global Medical REIT Inc. (NYSE:GMRE) is expected to pay $0.20 on Jan 10, 2018. The indicated annual dividend is $0.80. Shareholders owning the stock before Dec 22, 2017 will be eligible to receive the payout. Based on Global Medical REIT Inc.’s current price of $8.19, the dividend is 2.44 %. This dividend’s record date is Dec 26, 2017 and the announcement date is Dec 15, 2017. The stock decreased 0.73% or $0.06 during the last trading session, reaching $8.19. About 224,955 shares traded or 27.58% up from the average. Global Medical REIT Inc. (NYSE:GMRE) has 0.00% since December 21, 2016 and is . It has underperformed by 16.70% the S&P500.

Global Medical REIT, Inc. is a publicly owned real estate investment trust. The company has market cap of $177.16 million. It invests in the real estate markets of United States. It currently has negative earnings. The firm focuses on the acquisition and leasing of licensed purpose-built healthcare facilities.

Global Medical REIT Inc. (NYSE:GMRE) Ratings Coverage

Among 6 analysts covering Global Medical… (NYSE:GMRE), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Global Medical… had 9 analyst reports since July 11, 2016 according to SRatingsIntel. The rating was initiated by Cantor Fitzgerald with “Buy” on Thursday, August 31. DA Davidson downgraded the shares of GMRE in report on Tuesday, August 22 to “Neutral” rating. The stock has “Buy” rating by Wunderlich on Monday, July 11. On Monday, July 11 the stock rating was initiated by BB&T Capital with “Hold”. Cantor Fitzgerald maintained the shares of GMRE in report on Monday, November 13 with “Buy” rating. Compass Point downgraded Global Medical REIT Inc. (NYSE:GMRE) on Tuesday, September 20 to “Neutral” rating. Compass Point initiated the shares of GMRE in report on Monday, July 11 with “Buy” rating.

More notable recent Global Medical REIT Inc. (NYSE:GMRE) news were published by: Seekingalpha.com which released: “Global Medical REIT Is Poised To Profit” on April 21, 2017, also Seekingalpha.com with their article: “Global Medical REIT: Avoid The Common, Buy The 7.5% Preferred” published on October 09, 2017, Businesswire.com published: “Global Medical REIT Inc. Prices Common Stock Offering” on June 27, 2017. More interesting news about Global Medical REIT Inc. (NYSE:GMRE) were released by: Businesswire.com and their article: “Global Medical REIT Inc. Announces Management Change” published on August 21, 2017 as well as Businesswire.com‘s news article titled: “Global Medical REIT Inc. Provides Acquisition Update and Announces Guidance …” with publication date: June 05, 2017.