Real Estate Investors Plc Plans Dividend of GBX 0.50 (LON:RLE)

Real Estate Investors Plc (LON:RLE) announced a dividend on Monday, July 1st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 11th will be paid a dividend of GBX 0.50 ($0.01) per share on Wednesday, July 31st. This represents a dividend yield of 1.35%. The ex-dividend date is Thursday, July 11th. The official announcement can be accessed at this link.

Real Estate Investors Trading Up 0.5 %

Shares of LON:RLE opened at GBX 36.70 ($0.47) on Wednesday. The company has a current ratio of 0.22, a quick ratio of 1.61 and a debt-to-equity ratio of 57.39. The company has a market capitalization of £63.80 million, a PE ratio of -730.00 and a beta of 0.67. The business has a 50 day moving average of GBX 35.55 and a two-hundred day moving average of GBX 33.47. Real Estate Investors has a 12-month low of GBX 27.01 ($0.35) and a 12-month high of GBX 37.80 ($0.48).

Insider Buying and Selling at Real Estate Investors

In other Real Estate Investors news, insider Marcus Daly bought 250,000 shares of the company’s stock in a transaction dated Wednesday, June 26th. The shares were purchased at an average cost of GBX 37 ($0.47) per share, for a total transaction of £92,500 ($118,483.41). In related news, insider Paul Bassi acquired 107,165 shares of the firm’s stock in a transaction on Friday, June 21st. The shares were acquired at an average cost of GBX 36 ($0.46) per share, with a total value of £38,579.40 ($49,416.42). Also, insider Marcus Daly purchased 250,000 shares of Real Estate Investors stock in a transaction that occurred on Wednesday, June 26th. The shares were bought at an average price of GBX 37 ($0.47) per share, with a total value of £92,500 ($118,483.41). 35.05% of the stock is owned by corporate insiders.

About Real Estate Investors

Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of mixed-use commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors.