British Land Company PLC (BLND) To Go Ex-Dividend on October 6th
British Land Company PLC (LON:BLND) announced a dividend on Monday, July 18th. Shareholders of record on Thursday, October 6th will be paid a dividend of GBX 7.30 ($0.10) per share on Friday, November 11th. This represents a dividend yield of 1.16%. The ex-dividend date of this dividend is Thursday, October 6th. This is a boost from British Land Company PLC’s previous dividend of $7.09. The official announcement can be seen at this link.
Shares of British Land Company PLC (LON:BLND) opened at 632.50 on Friday. The firm’s 50 day moving average is GBX 647.57 and its 200-day moving average is GBX 679.36. The firm’s market cap is GBX 6.51 billion. British Land Company PLC has a 52 week low of GBX 499.96 and a 52 week high of GBX 879.00.
BLND has been the subject of several recent analyst reports. BNP Paribas reaffirmed an “underperform” rating on shares of British Land Company PLC in a research note on Thursday, September 1st. HSBC upped their target price on shares of British Land Company PLC from GBX 647 ($8.45) to GBX 738 ($9.63) and gave the company a “buy” rating in a research note on Friday. Jefferies Group upped their target price on shares of British Land Company PLC from GBX 647 ($8.45) to GBX 738 ($9.63) and gave the company a “buy” rating in a research note on Friday. Liberum Capital downgraded shares of British Land Company PLC to a “sell” rating in a research note on Monday, July 4th. Finally, Barclays PLC lowered their target price on shares of British Land Company PLC from GBX 900 ($11.75) to GBX 720 ($9.40) and set an “overweight” rating for the company in a research note on Thursday, July 7th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 786.79 ($10.27).
In other British Land Company PLC news, insider Roberts,Timothy Andrew sold 37,499 shares of the stock in a transaction on Friday, August 5th. The shares were sold at an average price of GBX 666 ($8.69), for a total value of £249,743.34 ($325,993.13).
British Land Company PLC Company Profile
British Land Company PLC (British Land) is a real estate company. The Company manages, develops and finances portfolio of properties. The Company focuses on retail locations around the United Kingdom and London offices. The Company allocates resources to investment and asset management according to the sectors it expects to perform over the medium-term.
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