Empiric Student Property PLC (ESP) Plans GBX 1.50 Dividend
Empiric Student Property PLC (LON:ESP) announced a dividend on Monday, October 17th. Shareholders of record on Thursday, October 27th will be paid a dividend of GBX 1.50 ($0.02) per share on Thursday, November 10th. This represents a dividend yield of 1.3%. The ex-dividend date is Thursday, October 27th. The official announcement can be viewed at this link.
Shares of Empiric Student Property PLC (LON:ESP) traded down 0.43% during midday trading on Monday, hitting GBX 115.50. 430,006 shares of the company’s stock were exchanged. The stock’s market cap is GBX 578.98 million. The stock’s 50 day moving average is GBX 4.29 and its 200-day moving average is GBX 4.16. Empiric Student Property PLC has a 1-year low of GBX 99.00 and a 1-year high of GBX 119.25.
ESP has been the topic of several research analyst reports. Numis Securities Ltd cut shares of Empiric Student Property PLC to a “hold” rating and decreased their target price for the stock from GBX 124 ($1.51) to GBX 118 ($1.44) in a research report on Tuesday, August 16th. Jefferies Group reissued a “buy” rating and issued a GBX 125 ($1.52) target price on shares of Empiric Student Property PLC in a research report on Friday, August 19th.
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About Empiric Student Property PLC
Empiric Student Property plc is an internally managed real estate investment trust (REIT). The Company is engaged in investing in the purpose-built student accommodation in central locations in the university cities and towns in the United Kingdom. The Company is engaged in the acquisition, development and management of student accommodation assets in the United Kingdom.
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