Regional REIT Limited (LON:RGL) to Issue GBX 2.20 Dividend

Regional REIT Limited (LON:RGL) announced a dividend on Wednesday, November 13th,Upcoming Dividends.Co.Uk reports. Stockholders 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 dividend 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

Shares of LON:RGL opened at GBX 127 ($1.61) on Tuesday. The business has a 50-day moving average price of GBX 130.14 and a two-hundred day moving average price of GBX 80.10. The company has a current ratio of 0.68, a quick ratio of 1.30 and a debt-to-equity ratio of 139.50. The stock has a market capitalization of £205.85 million, a P/E ratio of -152.29 and a beta of 0.90. Regional REIT has a 1-year low of GBX 115 ($1.46) and a 1-year high of GBX 358 ($4.54).

Analysts Set New Price Targets

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

Regional REIT Company Profile

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.