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Wednesday, May 25, 2022

Medalist Diversified REIT Inc. (MDRR) plunged in the After-Hours; here is why?

Medalist Diversified REIT Inc. (MDRR) stock is currently declining in the after-hours after announcing a Q1 2022 dividend of $0.02 per share. MDRR stock values at $1.09 with a decline of 1.8% from the previous close. The stock closed at $1.11 at the end of the last trading session with a trading volume of 230.01K shares.

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Global Real Estate Industry Overview

Economists are expecting significant growth in the real estate sector. Medalist Diversified REIT, Inc. (MDRR), a real estate investment trust involved in managing, acquiring, and owning commercial Real Estate, could benefit from it.

It is expected that the global real estate industry will grow at a steady growth rate of 10.5%. In 2021, the real estate market value was $3.38 trillion. Industry experts have forecasted that the real estate sector will grow from $3.38 trillion to $3.74 trillion in 2022.

The covid-19 pandemic has severely affected the supply chain and operations and has led to the closure of the commercial part of the sector. As of now, the real estate industry is recovering at a steady pace. It is expected that the real estate industry will be worth around $5.3 trillion in 2026, with an annual growth rate of 9.6%.

MDRR Announced Quarterly Dividends

Medalist Diversified REIT Inc. (MDRR), on April 05, 2022, announced in a press release that its board of directors had approved a quarterly dividend against its common stock shares for the first quarter of 2022. The board had approved a dividend of $0.02 par common stock share.

The company has announced that MDRR will pay the dividend for the first quarter of 2022 in cash on April 6, 2022.


Real Estate is an industry that has been on the continuous rise for decades. It is the safest asset investors want to put their money in. The real estate industry will grow by 10.5% over the years, and companies dealing in a real estate business will benefit from it. The internet of things and AI will boost the real estate sector, so the company should embrace the technology at the start of this IoT and AI boom.

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