Real Estate Credit Investments Ltd (LON:RECI) Announces GBX 3 Dividend
Real Estate Credit Investments Ltd (LON:RECI) announced a dividend on Thursday, August 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 22nd will be paid a dividend of GBX 3 ($0.04) per share on Friday, September 6th. This represents a yield of 1.79%. The ex-dividend date of this dividend is Thursday, August 22nd. The official announcement can be viewed at this link.
The stock has a market capitalization of $256.05 million and a PE ratio of 13.31. Real Estate Credit Investments has a fifty-two week low of GBX 1.67 ($0.02) and a fifty-two week high of GBX 176 ($2.30). The firm’s 50-day moving average is GBX 168.83. The company has a current ratio of 1.04, a quick ratio of 0.98 and a debt-to-equity ratio of 13.34.
Separately, Liberum Capital restated a “buy” rating on shares of Real Estate Credit Investments in a report on Tuesday, July 9th.
Real Estate Credit Investments Company Profile
Real Estate Credit Investments Limited is a closed-ended fixed income mutual fund launched and managed by Cheyne Capital Management (UK) LLP. The fund invests in the fixed income markets across the globe. It primarily makes its investments in asset backed securities. The fund considers coupon or cash flows on the tranche relative to the underlying credit to make its investments.
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