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

Regency Affiliates, Inc. (OTCMKTS:RAFI) declared a quarterly dividend on Tuesday, March 18th, NASDAQ Dividends reports. Shareholders of record on Monday, March 31st will be paid a dividend of 0.078 per share on Monday, April 7th. This represents a $0.31 dividend on an annualized basis and a yield of 7.34%. The ex-dividend date of this dividend is Monday, March 31st.

Regency Affiliates Price Performance

Regency Affiliates stock traded down $0.34 during trading hours on Thursday, reaching $4.25. The company had a trading volume of 900 shares, compared to its average volume of 1,179. The company has a 50-day moving average price of $4.65 and a 200 day moving average price of $4.65. Regency Affiliates has a 12-month low of $4.10 and a 12-month high of $5.25.

About Regency Affiliates

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.