Land Securities Group Plc (LON:LAND) Declares Dividend of GBX 12.10

Land Securities Group Plc (LON:LANDGet Free Report) announced a dividend on Friday, May 17th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 13th will be paid a dividend of GBX 12.10 ($0.15) per share on Friday, July 26th. This represents a yield of 1.75%. The ex-dividend date is Thursday, June 13th. This is a positive change from Land Securities Group’s previous dividend of $9.30. The official announcement can be accessed at this link.

Land Securities Group Trading Down 2.6 %

Shares of LAND opened at GBX 672 ($8.44) on Friday. The business has a 50-day moving average of GBX 647.06 and a 200 day moving average of GBX 650.44. Land Securities Group has a fifty-two week low of GBX 551.20 ($6.92) and a fifty-two week high of GBX 729.40 ($9.16). The firm has a market cap of £5.01 billion, a P/E ratio of -819.51, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44. The company has a debt-to-equity ratio of 56.72, a quick ratio of 0.54 and a current ratio of 0.49.

Analyst Ratings Changes

Several equities research analysts recently weighed in on LAND shares. Shore Capital reissued a “hold” rating on shares of Land Securities Group in a report on Friday. Barclays lifted their target price on Land Securities Group from GBX 700 ($8.79) to GBX 730 ($9.17) and gave the company an “overweight” rating in a report on Friday, May 3rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of GBX 675.40 ($8.48).

Get Our Latest Stock Analysis on Land Securities Group

Insider Buying and Selling at Land Securities Group

In other Land Securities Group news, insider Vanessa Simms acquired 22 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was bought at an average price of £684.40 ($859.58) per share, with a total value of £15,056.80 ($18,910.83). Insiders purchased 69 shares of company stock valued at $1,535,260 in the last quarter. 0.55% of the stock is currently owned by corporate insiders.

About Land Securities Group

(Get Free Report)

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.

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Dividend History for Land Securities Group (LON:LAND)

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