Regency Affiliates, Inc. Declares Quarterly Dividend of $0.08 (OTCMKTS:RAFI)

Regency Affiliates, Inc. (OTCMKTS:RAFI) declared a quarterly dividend on Thursday, December 19th,NASDAQ Dividends reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.078 per share on Tuesday, January 7th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 6.67%. The ex-dividend date of this dividend is Tuesday, December 31st.

Regency Affiliates Price Performance

OTCMKTS:RAFI opened at $4.68 on Friday. Regency Affiliates has a 52-week low of $4.10 and a 52-week high of $5.25. The stock’s 50-day simple moving average is $4.56 and its 200 day simple moving average is $4.59.

Regency Affiliates Company Profile

Regency Affiliates, Inc, through its interest in MESC Capital, LLC, owns an on-site energy facility that supplies approximately 61 megawatts of steam and electricity to a Kimberly-Clark tissue mill in Mobile, Alabama. It also owns and operates 34.3 acres of land and rental property of approximately 717,000 square feet comprising a 2-story office building and a connected 6-story office tower in Woodlawn, Maryland through a limited partnership interest.