Real Estate Investors PLC. (RLE) Announces Dividend of GBX 0.63
Real Estate Investors PLC. (LON:RLE) declared a dividend on Monday, September 19th. Investors of record on Thursday, September 29th will be paid a dividend of GBX 0.63 ($0.01) per share on Friday, October 28th. This represents a yield of 1.07%. The ex-dividend date of this dividend is Thursday, September 29th. The official announcement can be seen at this link.
Separately, Liberum Capital restated a “buy” rating and set a GBX 70 ($0.91) target price on shares of Real Estate Investors PLC. in a report on Monday.
Real Estate Investors PLC. (LON:RLE) opened at 58.50 on Tuesday. The company’s 50-day moving average is GBX 54.21 and its 200 day moving average is GBX 58.73. Real Estate Investors PLC. has a one year low of GBX 50.00 and a one year high of GBX 72.00. The firm’s market cap is GBX 109.06 million.
In other Real Estate Investors PLC. news, insider Bassi,Paul acquired 20,000 shares of the company’s stock in a transaction that occurred on Monday, September 19th. The stock was acquired at an average price of GBX 58 ($0.76) per share, for a total transaction of £11,600 ($15,141.63).
About Real Estate Investors PLC.
Real Estate Investors Plc (REI) is a real estate investment trust (REIT). The Company invests in real estate assets in the markets of central Birmingham and the Midlands. The Company generates rental income from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains.
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