Regional REIT (LON:RGL) Rating Reiterated by Peel Hunt
Peel Hunt reissued their buy rating on shares of Regional REIT (LON:RGL) in a report published on Wednesday, ThisIsMoney.Co.Uk reports.
RGL stock opened at GBX 108.40 ($1.42) on Wednesday. Regional REIT has a 12 month low of GBX 1.12 ($0.01) and a 12 month high of GBX 110 ($1.44). The firm has a market capitalization of $404.14 million and a P/E ratio of 5.99. The company has a quick ratio of 1.37, a current ratio of 1.52 and a debt-to-equity ratio of 87.28.
The company also recently disclosed a dividend, which will be paid on Friday, July 12th. Shareholders of record on Thursday, June 6th will be given a dividend of GBX 1.90 ($0.02) per share. The ex-dividend date is Thursday, June 6th. This represents a yield of 1.8%. Regional REIT’s payout ratio is currently 0.55%.
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.
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