Regional REIT Ltd (RGL) Declares GBX 1.75 Dividend
Regional REIT Ltd (LON:RGL) announced a dividend on Thursday, November 17th. Investors of record on Thursday, November 24th will be paid a dividend of GBX 1.75 ($0.02) per share on Thursday, December 22nd. This represents a dividend yield of 1.64%. The ex-dividend date of this dividend is Thursday, November 24th. The official announcement can be viewed at this link.
Shares of Regional REIT (LON:RGL) opened at 106.50 on Friday. The company’s 50 day moving average is GBX 1.06 and its 200 day moving average is GBX 1.06. Regional REIT has a one year low of GBX 88.00 and a one year high of GBX 111.00. The company’s market capitalization is GBX 292.04 million.
In other news, insider Stephen Inglis sold 750,000 shares of the stock in a transaction dated Friday, October 21st. The shares were sold at an average price of GBX 103 ($1.29), for a total value of £772,500 ($965,142.43).
Separately, Peel Hunt reiterated a “buy” rating and set a GBX 125 ($1.56) target price on shares of Regional REIT in a research report on Tuesday, September 20th.
Regional REIT Company Profile
Regional REIT Limited (Regional REIT) is a United Kingdom-based real estate investment trust (REIT). The Company operates through four segments: Industrial, Office, Retail and Residential. The Company’s commercial property portfolio is in the United Kingdom and comprises offices and industrial units located in the regional centers of the United Kingdom outside of the M25 motorway.
Receive News & Stock Ratings for Regional REIT Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regional REIT Ltd and related stocks with our FREE daily email newsletter.