Tritax Big Box REIT PLC (LON:BBOX) announced a dividend on Thursday, May 16th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 23rd will be given a dividend of GBX 1.71 ($0.02) per share on Monday, June 17th. This represents a dividend yield of 1.15%. The ex-dividend date of this dividend is Thursday, May 23rd. This is a boost from Tritax Big Box REIT’s previous dividend of $1.68. The official announcement can be seen at this link.
Tritax Big Box REIT has a 1 year low of GBX 1.35 ($0.02) and a 1 year high of GBX 158 ($2.06).
A number of analysts have recently issued reports on the company. Numis Securities lowered their price objective on Tritax Big Box REIT from GBX 153 ($2.00) to GBX 143 ($1.87) and set a “hold” rating on the stock in a research report on Thursday. Liberum Capital restated a “hold” rating on shares of Tritax Big Box REIT in a research report on Thursday. Barclays lowered their price objective on Tritax Big Box REIT from GBX 160 ($2.09) to GBX 150 ($1.96) and set an “equal weight” rating on the stock in a research report on Friday, February 15th. Finally, Royal Bank of Canada assumed coverage on Tritax Big Box REIT in a research report on Tuesday, February 12th. They set an “outperform” rating and a GBX 190 ($2.48) price objective on the stock.
In related news, insider Alastair Hughes purchased 35,000 shares of the stock in a transaction on Tuesday, March 12th. The shares were purchased at an average cost of GBX 143 ($1.87) per share, for a total transaction of £50,050 ($65,399.19).
Tritax Big Box REIT Company Profile
Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets ("Big Boxes") in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and pre-let forward funded developments, the Company focuses on well-located, modern "Big Box" logistics assets, typically greater than 500,000 sq.
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