Medalist Diversified REIT increases credit line to $4M and declares quarterly dividends

Medalist Diversified, Inc.

Line of credit increased from $1.5M to $4.0M with interest rate of SOFR + 3.1%.
Quarterly common stock dividend of $0.06 per share payable Oct 21, record Oct 16.
Quarterly Series A preferred dividend of $0.50 per share payable Oct 21, record Oct 16.
Credit facility amendment adds Citibank Property in Chicago as cross-collateral.

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