Palmetto Real Estate Trust

About Palmetto Real Estate Trust

Palmetto Real Estate Trust operates as a real estate investment trust (REIT) in the United States. The trust owns, develops, and rents various commercial properties for restaurants, department stores, convenience food stores, grocery stores, and various other retail establishments. It owns and leases commercial properties throughout South Carolina, primarily in the Greenville, South Carolina. Palmetto Real Estate Trust qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 85% of its taxable income to its shareholders. The trust, formerly known as Palmetto Industrial Corporation, was founded in 1972 and is based in Greenville, South Carolina.

https://www.palmetto-trust.com

PTTTS United States

7.16USD

• At close Sat Oct 01 2022

Other OTC exchange

Sector: Real Estate

Industry: REIT—Mortgage

Location United States, Greenville

Grade: AEC

12,921,000 USD
MARKET CAP
26.838
PE
-0.324
BETA (5y)
0.272
EPS

Profits

for 5 years
0%
for 3 years
-4%
for 2 years
-7%
for last year
-13%
for this year
0%
Palmetto Real Estate Trust
© 2024 avazzy.com. All rights reserved
Make with 🤎 and ☕ for you!

Investing involves risk, including possible loss of principal.

The strategies discussed are strictly for illustrative and educational purposes and are not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. There is no guarantee that any strategies discussed will be effective.

International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/ developing markets or in concentrations of single countries.