AlphaQuest LLC significantly reduced its stake in Global Medical REIT Inc. (NYSE:GMRE) by 80.9% in Q3, now holding 8,164 shares valued at $275,000. Despite this, insiders maintain a substantial ownership of 8.5%, with CEO Mark Okey Decker Jr. increasing his holdings by purchasing 10,000 shares in November. The company currently offers an 8.2% dividend yield, though its negative payout ratio raises questions about dividend sustainability.
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AlphaQuest LLC Lowers Stake in Global Medical REIT Inc. $GMRE
AlphaQuest LLC significantly reduced its stake in Global Medical REIT Inc. (NYSE:GMRE) by 80.9% in Q3, now holding 8,164 shares valued at $275,000. Despite this, insiders maintain a substantial ownership of 8.5%, with CEO Mark Okey Decker Jr. increasing his holdings by purchasing 10,000 shares in November. The company currently offers an 8.2% dividend yield, though its negative payout ratio raises questions about dividend sustainability.