Medalist Diversified REIT, Inc. (NASDAQ:MDRR) is one of the 10 dividend bargains trading below insiders’ prices.
The top executive’s purchase of the company’s stock has made the last closing price a clear bargain for the investors.
Aerial city skyline highlighting a large modern office building owned by the REIT.
Headquartered in Virginia, Medalist Diversified REIT, Inc. (NASDAQ:MDRR) is a real estate investment trust specialized in owning, repositioning, renovating, leasing, and managing income-producing properties. The company’s focus is primarily on the commercial real estate sector. Operating as an Umbrella Partnership Real Estate Investment Trust (UPREIT), the company holds properties through its subsidiary, Medalist Diversified Holdings, LP.
In the month of April, the company filed for a $100 million common stock offering and terminated its Amended and Restated Revolving Line of Credit Note. Later, on June 12, 2025, the company entered an agreement to acquire commercial property in Pensacola, Florida, for $14,544,504 through its subsidiary MDRR XXV Depositor 1, LLC.
Following these developments, the Chairman of the Board, CEO, and President, Frank Kavanaugh, purchased 4000 shares of Medalist Diversified REIT, Inc. (NASDAQ:MDRR) at a price of $11.75 each.
With a closing price of $11.11 as of June 25, 2025, the stock offers a dividend yield of 2.14% and stands as one of the best dividend bargains for investors seeking stable income.
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