Regional REIT Limited (LON:RGL) Announces GBX 2.20 Dividend

Regional REIT Limited (LON:RGL) announced a dividend on Wednesday, November 13th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 21st will be paid a dividend of GBX 2.20 ($0.03) per share on Friday, January 10th. This represents a yield of 1.79%. The ex-dividend date of this dividend is Thursday, November 21st. The official announcement can be seen at this link.

Regional REIT Stock Performance

LON:RGL traded up GBX 0.15 ($0.00) during trading hours on Wednesday, reaching GBX 123.35 ($1.59). The company had a trading volume of 954,065 shares, compared to its average volume of 378,082. The company has a current ratio of 0.68, a quick ratio of 1.30 and a debt-to-equity ratio of 139.50. Regional REIT has a 52 week low of GBX 115 ($1.48) and a 52 week high of GBX 358 ($4.61). The firm has a market cap of £199.94 million, a price-to-earnings ratio of -148.43 and a beta of 0.90. The firm’s 50 day moving average price is GBX 130.14 and its 200-day moving average price is GBX 77.56.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “hold” rating on shares of Regional REIT in a report on Monday, October 28th.

About Regional REIT

Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and ARA Europe Private Markets Limited, the Investment Adviser.