Diversification

Medalist Diversified REIT Announces the Repurchase of Its Common Stock

Retrieved on: 
Tuesday, February 8, 2022

The Company intends to continue to opportunistically repurchase its common stock as soon as permitted under the repurchase plan and when favorable market conditions exist.

Key Points: 
  • The Company intends to continue to opportunistically repurchase its common stock as soon as permitted under the repurchase plan and when favorable market conditions exist.
  • The repurchase program does not obligate the Company to acquire any particular amount of shares, and the repurchase program may be suspended or discontinued at any time at the Company's discretion.
  • The Companys decision to repurchase shares at this time should signal the conviction that our Board and management have in the Companys strategy.
  • Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S.

Pro AV Market to Record 6.57% Y-O-Y Growth Rate in 2021 |41% of Growth to Originate from APAC |17000+ Technavio Reports

Retrieved on: 
Friday, January 21, 2022

According to the recent market study by Technavio, the Pro AV Marketis expected to grow byUSD90.51 billionbetween 2020 and 2025, atan accelerated CAGR of 7.31%.

Key Points: 
  • According to the recent market study by Technavio, the Pro AV Marketis expected to grow byUSD90.51 billionbetween 2020 and 2025, atan accelerated CAGR of 7.31%.
  • The Pro AV Market share growth in APAC will be significant during the forecast period.China and Japan are the key markets forPro AVin APAC.
  • Market growth in this region will be fasterthan the growth of the market in other regions.The growth of the education sectorwill facilitate thePro AV market growth in APAC over the forecast period.
  • The growth of the education sector drives the growth of the pro AV market in APAC.

Global Foldable Phone Market (2021 to 2031) - Forecast, Trend Analysis & Opportunity Assessment - ResearchAndMarkets.com

Retrieved on: 
Monday, January 17, 2022

Rise in Mergers & Acquisitions, Along with the Diversification of the Product Portfolios of Prominent Players

Key Points: 

Rise in Mergers & Acquisitions, Along with the Diversification of the Product Portfolios of Prominent Players

SFEP-backed SV Labs Acquires Diversified Manufacturing Corporation

Retrieved on: 
Thursday, January 13, 2022

San Francisco Equity Partners (SFEP) today announced the acquisition of Diversified Manufacturing Corporation (DMC) by its portfolio company SV Labs, a leading contract manufacturer of beauty and personal care products.

Key Points: 
  • San Francisco Equity Partners (SFEP) today announced the acquisition of Diversified Manufacturing Corporation (DMC) by its portfolio company SV Labs, a leading contract manufacturer of beauty and personal care products.
  • David Mannix, Partner at SFEP, added, SV Labs and DMC are highly complementary manufacturing platforms, each with a strong reputation for their capabilities in natural formulations.
  • We look forward to supporting Graham and his management team as they continue to build SV Labs as the manufacturing partner of choice for leading emerging and established brands.
  • SV Labs provides a host of turnkey services to its customers including concept creation, formula development, manufacturing, filling, quality assurance, labeling, packaging and fulfillment.

Medalist Diversified REIT Announces Letter to Shareholders

Retrieved on: 
Tuesday, January 11, 2022

Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the US, today issued a Letter to Shareholders from its Chairman and Chief Executive Officer, Thomas E. Messier.

Key Points: 
  • Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the US, today issued a Letter to Shareholders from its Chairman and Chief Executive Officer, Thomas E. Messier.
  • In September, we completed the sale of our Hampton Inn property in Greensboro, North Carolina, generating net proceeds of approximately $1.7 million.
  • Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S.
  • Medalist utilizes a rigorous, consistent and replicable process for sourcing and conducting due diligence of acquisitions.

Medalist Diversified REIT Announces the Approval of a Common Stock Repurchase Program

Retrieved on: 
Thursday, December 30, 2021

The board of directors of Medalist Diversified REIT, Inc. has approved a program that will allow management to purchase up to 500,000 shares of the Companys common stock in the open market, up to a maximum price of $4.80 per share.

Key Points: 
  • The board of directors of Medalist Diversified REIT, Inc. has approved a program that will allow management to purchase up to 500,000 shares of the Companys common stock in the open market, up to a maximum price of $4.80 per share.
  • The repurchase program does not obligate the Company to acquire any particular amount of shares, and the repurchase program may be suspended or discontinued at any time at the Company's discretion.
  • The Companys decision to authorize a share repurchase program at this time should signal the conviction that our Board and management have in the Companys strategy.
  • Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S.

Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock

Retrieved on: 
Wednesday, December 22, 2021

Medalist Diversified REIT (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized and the Company has declared a quarterly cash dividend on its common stock (the Common Stock) in the amount of $0.02 per share (the Dividend).

Key Points: 
  • Medalist Diversified REIT (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized and the Company has declared a quarterly cash dividend on its common stock (the Common Stock) in the amount of $0.02 per share (the Dividend).
  • The Q4 2021 Dividend will be payable in cash on January 20, 2022 to holders of record of the Common Stock as of January 13, 2022.
  • Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions.
  • Medalist utilizes a rigorous, consistent and replicable process for sourcing and conducting due diligence of acquisitions.

Medalist Diversified REIT Announces Series A Preferred Stock Cash Dividend

Retrieved on: 
Wednesday, December 22, 2021

Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized and the Company has declared a dividend for the 4th quarter of 2021 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the Series A Preferred Stock) in the amount of $0.5000 per share (the Series A Dividend).

Key Points: 
  • Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized and the Company has declared a dividend for the 4th quarter of 2021 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the Series A Preferred Stock) in the amount of $0.5000 per share (the Series A Dividend).
  • The Series A Dividend will be payable in cash on January 20, 2022 to holders of record of Series A Preferred Stock as of January 13, 2022.
  • Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions.
  • Medalist utilizes a rigorous, consistent and replicable process for sourcing and conducting due diligence of acquisitions.

58 Senior Managers at Diversified Maintenance Become CIMS Certified Experts

Retrieved on: 
Tuesday, December 14, 2021

Diversified Maintenance, a national company providing facilities maintenance announced that 58 Senior Managers have successfully undergone and completed training to become CIMS Certification Expert (CCE).

Key Points: 
  • Diversified Maintenance, a national company providing facilities maintenance announced that 58 Senior Managers have successfully undergone and completed training to become CIMS Certification Expert (CCE).
  • Certified teams have to meet a long list of criteria across a range of areas, from quality systems to health and safety.
  • This achievement marks an important step toward gaining key information about critical factors that the managers can use to elevate companys service standards for its customers.
  • Diversified Maintenance has been providing client-focused, quality maintenance solutions to facilities across the United States for over 45 years.

Medalist Diversified REIT, Inc. Interview to Air on Bloomberg U.S. on the RedChip Money Report®

Retrieved on: 
Friday, December 3, 2021

Bloomberg TV is available in an estimated 73 million homes across the United States.

Key Points: 
  • Bloomberg TV is available in an estimated 73 million homes across the United States.
  • The RedChip Money Report is produced by RedChip Companies Inc., an international Investor Relations and media firm with 30 years experience focused on Discovering Tomorrows Blue Chips Today.
  • The RedChip Money Report delivers insightful commentary on small-cap investing, interviews with Wall Street analysts, financial book reviews, as well as featured interviews with executives of public companies.
  • Medalist utilizes a rigorous, consistent, and replicable process for sourcing and conducting due diligence of acquisitions.