Select Income REIT (NASDAQ:SIR) is expected to pay $0.51 on Nov 17, 2016. The indicated annual dividend is $2.04. Shareholders owning the stock before Oct 19, 2016 will be eligible to receive the payout. Based on Select Income REIT’s current price of $26.90, the dividend is 1.90%. This dividend’s record date is Oct 21, 2016 and the announcement date is Oct 12, 2016. The stock decreased 1.25% or $0.34 during the last trading session, hitting $26.9. Select Income REIT (NASDAQ:SIR) has risen 18.27% since March 15, 2016 and is uptrending. It has outperformed by 12.79% the S&P500.
Select Income REIT is a real estate investment trust. The company has a market cap of $2.39 billion. The Firm primarily owns single tenant, net leased properties. It has a 22.84 P/E ratio. The Company’s segment is the ownership of properties that include buildings and leased industrial lands that are primarily net leased to single tenants.
Insitutional Activity: The institutional sentiment decreased to 1.23 in Q2 2016. Its down 0.41, from 1.64 in 2016Q1. The ratio is negative, as 13 funds sold all Select Income REIT shares owned while 60 reduced positions. 24 funds bought stakes while 66 increased positions. They now own 38.69 million shares or 2.74% more from 37.66 million shares in 2016Q1.
The Switzerland-based Gam Ag has invested 0.01% in Select Income REIT (NASDAQ:SIR). Ladenburg Thalmann Svcs last reported 0.02% of its portfolio in the stock. The Georgia-based Atlanta Cap Group has invested 0.13% in Select Income REIT (NASDAQ:SIR). Wellington Mgmt Gp Limited Liability Partnership has 115,684 shares for 0% of their US portfolio. Moreover, Da Davidson Commerce has 0.01% invested in Select Income REIT (NASDAQ:SIR) for 8,281 shares. Cubist Systematic Strategies Lc accumulated 8,388 shares or 0.01% of the stock. Aqr Cap Mgmt Limited Company has 0.01% invested in the company for 203,658 shares. The Delaware-based Blackrock Advsr Ltd Co has invested 0% in Select Income REIT (NASDAQ:SIR). Orinda Asset Management Limited Liability Co last reported 4.37% of its portfolio in the stock. Tower Rech Cap Limited (Trc), a New York-based fund reported 3,453 shares. Aperio Group Inc Ltd Com reported 9,476 shares or 0% of all its holdings. Private Advisor Grp Lc last reported 39,432 shares in the company. Credit Suisse Ag accumulated 0.01% or 189,558 shares. Moreover, Barclays Pcl has 0% invested in Select Income REIT (NASDAQ:SIR) for 8,633 shares. D E Shaw And Company last reported 31,884 shares in the company.
More notable recent Select Income REIT (NASDAQ:SIR) news were published by: Streetinsider.com which released: “Select Income REIT (SIR) Declares $0.51 Quarterly Dividend; 8.1% Yield” on March 27, 2015, also Nasdaq.com with their article: “Ex-Dividend Reminder: Hospitality Properties Trust, Government Properties …” published on October 17, 2016, Nasdaq.com published: “Relative Strength Alert For Select Income REIT” on October 06, 2016. More interesting news about Select Income REIT (NASDAQ:SIR) were released by: Reuters.com and their article: “BRIEF-Select Income REIT announces quarterly dividend” published on October 11, 2016 as well as Fool.com‘s news article titled: “Will Select Income REIT Sink or Swim?” with publication date: April 12, 2016.
SIR Company Profile
Select Income REIT, incorporated on December 19, 2011, is a real estate investment trust. The Firm primarily owns single tenant, net leased properties. The Company’s segment is the ownership of properties that include buildings and leased industrial lands that are primarily net leased to single tenants. The Firm owns approximately 120 properties with over 44.7 million rentable square feet. The Company’s properties include approximately 110 office and industrial properties with over 26.9 million square feet located in approximately 30 states across the mainland United States (Mainland Properties), and over 10 properties located on the island of Oahu, Hawaii (Hawaii Properties), with approximately 17.8 million rentable square feet that are primarily leased to industrial and commercial tenants.
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