Regional REIT Ltd (LON:RGL) announced a dividend on Thursday, May 23rd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, June 6th will be paid a dividend of GBX 1.90 ($0.02) per share on Friday, July 12th. This represents a yield of 1.8%. The ex-dividend date is Thursday, June 6th. The official announcement can be viewed at this link.
LON RGL traded up GBX 0.20 ($0.00) during trading hours on Friday, hitting GBX 109.20 ($1.43). 730,246 shares of the company were exchanged, compared to its average volume of 475,818. The stock has a market capitalization of $407.12 million and a P/E ratio of 6.03. Regional REIT has a 52 week low of GBX 1.13 ($0.01) and a 52 week high of GBX 110 ($1.44). The company has a debt-to-equity ratio of 87.28, a current ratio of 1.52 and a quick ratio of 1.37.
Separately, Peel Hunt restated a “buy” rating on shares of Regional REIT in a report on Tuesday.
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Regional REIT Company Profile
Regional REIT Limited (Regional REIT) is a United Kingdom-based real estate investment trust (REIT). The Company operates through four segments: Industrial, Office, Retail and Residential. The Company’s commercial property portfolio is in the United Kingdom and comprises offices and industrial units located in the regional centers of the United Kingdom outside of the M25 motorway.
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