British Land Company PLC (OTCMKTS:BTLCY) to Issue Dividend of $0.11

British Land Company PLC (OTCMKTS:BTLCY) declared a dividend on Thursday, November 21st,NASDAQ Dividends reports. Investors of record on Friday, December 6th will be paid a dividend of 0.109 per share by the financial services provider on Monday, January 27th. The ex-dividend date is Friday, December 6th. This is a positive change from British Land’s previous dividend of $0.10.

British Land Stock Up 1.9 %

British Land stock traded up $0.09 during mid-day trading on Friday, hitting $4.84. The company’s stock had a trading volume of 34,396 shares, compared to its average volume of 17,014. British Land has a 1 year low of $4.28 and a 1 year high of $6.31. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.41. The stock’s fifty day moving average is $5.59 and its two-hundred day moving average is $5.39.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft upgraded British Land from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd.

About British Land

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.