British Land Company PLC (LON:BLND) announced a dividend on Tuesday, July 18th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 5th will be given a dividend of GBX 7.52 ($0.10) per share on Friday, November 10th. This represents a yield of 1.21%. The ex-dividend date is Thursday, October 5th. This is a positive change from British Land Company PLC’s previous dividend of $7.30. The official announcement can be accessed at this link.

British Land Company PLC (BLND) traded up 3.15% during midday trading on Tuesday, reaching GBX 623.00. The company’s stock had a trading volume of 5,073,059 shares. British Land Company PLC has a 12 month low of GBX 566.41 and a 12 month high of GBX 682.50. The stock’s 50-day moving average price is GBX 633.54 and its 200-day moving average price is GBX 624.99. The firm’s market capitalization is GBX 6.42 billion.

WARNING: This news story was first posted by American Banking News and is owned by of American Banking News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright legislation. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/07/18/british-land-company-plc-blnd-increases-dividend-to-gbx-7-52-per-share.html.

In other British Land Company PLC news, insider Lucinda Bell purchased 6,845 shares of the stock in a transaction dated Friday, May 26th. The shares were bought at an average cost of GBX 633 ($8.27) per share, with a total value of £43,328.85 ($56,579.85). Also, insider Charles Maudsley sold 11,205 shares of the firm’s stock in a transaction dated Friday, June 30th. The shares were sold at an average price of GBX 601 ($7.85), for a total value of £67,342.05 ($87,936.86). Over the last ninety days, insiders bought 10,359 shares of company stock worth $6,535,904.

Several research firms have weighed in on BLND. Goldman Sachs Group, Inc. (The) raised their target price on British Land Company PLC from GBX 707 ($9.23) to GBX 725 ($9.47) and gave the company a “neutral” rating in a report on Friday, May 12th. BNP Paribas upgraded British Land Company PLC to an “outperform” rating and raised their target price for the company from GBX 700 ($9.14) to GBX 730 ($9.53) in a report on Thursday, April 6th. Jefferies Group LLC restated an “underperform” rating and set a GBX 500 ($6.53) target price on shares of British Land Company PLC in a report on Wednesday, April 26th. Peel Hunt restated a “hold” rating and set a GBX 675 ($8.81) target price on shares of British Land Company PLC in a report on Wednesday, May 17th. Finally, J P Morgan Chase & Co restated an “overweight” rating and set a GBX 750 ($9.79) target price on shares of British Land Company PLC in a report on Thursday, May 18th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. British Land Company PLC has an average rating of “Hold” and a consensus price target of GBX 672.79 ($8.79).

British Land Company PLC Company Profile

The British Land Company PLC is a real estate company. The Company owns, manages, develops and finances a portfolio of commercial properties focused on retail locations around the United Kingdom and London offices. It creates and operates places for people to work, shop and live in. Its segments are Offices and residential, Retail and leisure, Canada Water and Other/unallocated.

Dividend History for British Land Company PLC (LON:BLND)

Receive News & Ratings for British Land Company PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British Land Company PLC and related companies with MarketBeat.com's FREE daily email newsletter.