Urban Logistics REIT (LON:SHED) Announces GBX 3.25 Dividend

Urban Logistics REIT (LON:SHED) announced a dividend on Thursday, November 7th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 21st will be paid a dividend of GBX 3.25 ($0.04) per share on Friday, December 13th. This represents a yield of 2.93%. The ex-dividend date of this dividend is Thursday, November 21st. The official announcement can be viewed at this link.

Urban Logistics REIT Price Performance

Shares of Urban Logistics REIT stock opened at GBX 111.20 ($1.45) on Thursday. The company has a debt-to-equity ratio of 47.33, a current ratio of 1.67 and a quick ratio of 2.30. Urban Logistics REIT has a fifty-two week low of GBX 105 ($1.37) and a fifty-two week high of GBX 131 ($1.71). The firm has a fifty day moving average price of GBX 121.90 and a two-hundred day moving average price of GBX 120.92. The company has a market cap of £524.84 million, a PE ratio of 2,242.00 and a beta of 0.89.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Urban Logistics REIT in a report on Tuesday, September 17th.

Insider Transactions at Urban Logistics REIT

In other Urban Logistics REIT news, insider Bruce Anderson acquired 23,000 shares of Urban Logistics REIT stock in a transaction dated Friday, August 9th. The stock was bought at an average cost of GBX 119 ($1.55) per share, with a total value of £27,370 ($35,628.74). 4.85% of the stock is owned by insiders.

About Urban Logistics REIT

Urban Logistics REIT plc (the "Company") and its subsidiaries (the "Group") carry on the business of property lettings throughout the United Kingdom. The Company is a public limited company incorporated and domiciled in England and Wales and listed on the Main Market of the London Stock Exchange.