Real Estate Investors PLC. to Issue Dividend of GBX 0.75 (RLE)
Real Estate Investors PLC. (LON:RLE) declared a dividend on Monday, June 19th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 29th will be given a dividend of GBX 0.75 ($0.01) per share on Friday, July 28th. This represents a dividend yield of 1.2%. The ex-dividend date is Thursday, June 29th. The official announcement can be accessed at this link.
Real Estate Investors PLC. (RLE) remained flat at GBX 62.50 on Monday. The company’s stock had a trading volume of 10,497 shares. The firm’s 50-day moving average price is GBX 61.06 and its 200 day moving average price is GBX 58.96. Real Estate Investors PLC. has a 1-year low of GBX 50.00 and a 1-year high of GBX 65.39. The firm’s market capitalization is GBX 116.51 million.
Separately, Liberum Capital reiterated a “buy” rating and set a GBX 67 ($0.85) price target on shares of Real Estate Investors PLC. in a report on Monday, March 13th.
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About Real Estate Investors PLC.
Real Estate Investors Plc (REI) is a real estate investment trust (REIT). The Company invests in real estate assets in the markets of central Birmingham and the Midlands. The Company generates rental income from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains.
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