British Land Company PLC (LON:BLND) announced a dividend on Friday, July 19th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 3rd will be given a dividend of GBX 7.98 ($0.10) per share on Friday, November 8th. This represents a dividend yield of 1.48%. The ex-dividend date of this dividend is Thursday, October 3rd. This is a boost from British Land’s previous dividend of $7.75. The official announcement can be seen at this link.

Shares of LON:BLND traded up GBX 0.60 ($0.01) during midday trading on Friday, hitting GBX 537.80 ($7.03). 2,115,809 shares of the company’s stock were exchanged, compared to its average volume of 3,540,000. The company has a current ratio of 0.94, a quick ratio of 0.70 and a debt-to-equity ratio of 37.44. The business’s 50 day moving average price is GBX 540.28. The stock has a market cap of $5.05 billion and a P/E ratio of -17.93. British Land has a 12 month low of GBX 520 ($6.79) and a 12 month high of GBX 664 ($8.68).

In other news, insider Simon Carter purchased 7,774 shares of the company’s stock in a transaction on Tuesday, May 28th. The stock was acquired at an average price of GBX 535 ($6.99) per share, with a total value of £41,590.90 ($54,345.88). Also, insider Tim Score purchased 2,579 shares of the company’s stock in a transaction on Tuesday, July 16th. The shares were purchased at an average cost of GBX 552 ($7.21) per share, with a total value of £14,236.08 ($18,601.96). Insiders bought a total of 10,407 shares of company stock valued at $5,612,614 in the last ninety days.

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. set a $195.00 price target on shares of bluebird bio and gave the stock a “buy” rating in a report on Friday, May 17th. UBS Group set a $133.00 target price on shares of LHC Group and gave the company a “buy” rating in a research note on Friday, May 10th. Liberum Capital reiterated a “buy” rating and issued a GBX 119 ($1.55) target price on shares of in a research note on Wednesday, June 26th. Barclays lowered their price target on shares of BT Group from GBX 250 ($3.27) to GBX 240 ($3.14) and set an “equal weight” rating on the stock in a research report on Friday, May 10th. Finally, Goldman Sachs Group raised shares of to a “buy” rating and set a GBX 1,180 ($15.42) price target on the stock in a research report on Tuesday, June 4th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 625.62 ($8.17).

About British Land

Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £16.8bn (British Land share: £12.9bn) as at 30 September 2018 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer.

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Dividend History for British Land (LON:BLND)

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