LXI REIT plc (LON:LXI) Plans Dividend Increase – GBX 1.58 Per Share

LXI REIT plc (LON:LXIGet Rating) declared a dividend on Thursday, September 22nd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 29th will be given a dividend of GBX 1.58 ($0.02) per share on Friday, November 18th. This represents a dividend yield of 1.12%. The ex-dividend date is Thursday, September 29th. This is an increase from LXI REIT’s previous dividend of $1.50. The official announcement can be viewed at this link.

LXI REIT Price Performance

LON LXI opened at GBX 126.60 ($1.53) on Friday. The company has a debt-to-equity ratio of 19.44, a quick ratio of 2.37 and a current ratio of 2.89. The firm’s 50 day moving average price is GBX 147.94 and its 200-day moving average price is GBX 145.84. LXI REIT has a 52-week low of GBX 126.60 ($1.53) and a 52-week high of GBX 155.60 ($1.88). The company has a market cap of £2.17 billion and a PE ratio of 573.04.

Insider Activity

In other news, insider Hugh Seaborn bought 20,095 shares of the firm’s stock in a transaction that occurred on Wednesday, July 20th. The stock was bought at an average price of GBX 149 ($1.80) per share, with a total value of £29,941.55 ($36,178.77).

About LXI REIT

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The Company, a real estate investment trust ("REIT") incorporated in England and Wales, is listed on the premium listing segment of the Official List of the UK Listing Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in February 2017.

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Dividend History for LXI REIT (LON:LXI)

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