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REGENCY AFFILIATES INC - $RAFI STOCK NEWS

Welcome to our dedicated page for REGENCY AFFILIATES news (Ticker: $RAFI), a resource for investors and traders seeking the latest updates and insights on REGENCY AFFILIATES stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect REGENCY AFFILIATES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Regency Affiliates, Inc. (RAFI) declares a first-quarter dividend of 7.5 cents per common share, reflecting a 3.4% increase from the previous year. The company benefits from cash flows generated by self-storage assets in Harrisburg, Pennsylvania. Regency owns five self-storage facilities and has a joint venture with SSCP Management The debt financing for the facilities has a fixed interest rate of 5% per annum. Regency received a distribution of $210,576 in the first quarter of 2024 from the joint venture. The company remains pleased with the strong occupancy and cash flows at its self-storage facilities.
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Rhea-AI Summary
Regency Affiliates, Inc. (RAFI) announces a fourth-quarter dividend of 7.5 cents per common share, reflecting a 3.4% increase over the previous quarter. The company owns self-storage facilities and has a joint venture with SSCP Management LLC. They received a distribution of $210,576 in the fourth quarter of 2023. However, they face uncertainty due to the termination of a lease with the United States General Services Administration.
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7.95%
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Rhea-AI Summary
Regency Affiliates, Inc. announces a quarterly dividend of 7.5 cents per common share, reflecting a 3.4% increase over last year's dividend. The company remains optimistic about its investment in Security West despite termination notice from GSA. Regency owns five self-storage facilities with strong occupancy and cash flows. They are also exploring further investment opportunities.
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REGENCY AFFILIATES INC

OTC:RAFI

RAFI Rankings

RAFI Stock Data

27.70M
0.07%
Other Motor Vehicle Parts Manufacturing
Manufacturing
Link
United States of America
New York

About RAFI

regency affiliates, inc. invests in assets that generate attractive, predictable and sustainable returns on capital.