Regus PLC Plans Dividend of GBX 1.25 (RGU)
Regus PLC (LON:RGU) announced a dividend on Tuesday, August 26th, Analyst Ratings News reports. Stockholders of record on Wednesday, September 3rd will be paid a dividend of GBX 1.25 ($0.02) per share on Friday, October 3rd. This represents a dividend yield of 0.69%. The ex-dividend date is Wednesday, September 3rd. The official announcement can be seen at this link.
A number of analysts have recently weighed in on RGU shares. Analysts at Investec reiterated a “buy” rating on shares of Regus PLC in a research note on Tuesday. They now have a GBX 250 ($4.14) price target on the stock. On the ratings front, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Regus PLC in a research note on Wednesday, August 20th. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Regus PLC in a research note on Tuesday, August 19th. They now have a GBX 250 ($4.14) price target on the stock. Two research analysts have rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of GBX 225.11 ($3.73).
Regus PLC (LON:RGU) traded down 8.91% on Tuesday, hitting GBX 179.00. The stock had a trading volume of 9,637,573 shares. Regus PLC has a one year low of GBX 168.80 and a one year high of GBX 235.20. The stock has a 50-day moving average of GBX 178.2 and a 200-day moving average of GBX 199.8. The company’s market cap is £1.693 billion.
Regus plc is a Luxembourg-based provider of global office outsourcing services. Its primary activity and business segment is the provision of global workplace solutions.
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