Medalist Diversified Reit, Inc. Declares Quarterly Cash Dividend on the Company’s Common Stock, Payable in Cash on April 28, 2023

Medalist Diversified REIT, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common stock (the "Common Stock Dividend"). The Common Stock Dividend is payable in cash on April 28, 2023, to holders of record as of April 25, 2023.