Regional REIT Limited (RGL) to Issue Dividend of GBX 2.20 on January 10th

Regional REIT Limited (LON:RGL) declared a dividend on Wednesday, November 13th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 21st will be given a dividend of GBX 2.20 ($0.03) per share on Friday, January 10th. This represents a yield of 1.79%. The ex-dividend date is Thursday, November 21st. The official announcement can be viewed at this link.

Regional REIT Stock Up 0.8 %

Shares of Regional REIT stock opened at GBX 127 ($1.61) on Tuesday. The business’s fifty day moving average price is GBX 130.14 and its two-hundred day moving average price is GBX 80.10. The company has a market capitalization of £205.85 million, a P/E ratio of -152.29 and a beta of 0.90. The company has a debt-to-equity ratio of 139.50, a current ratio of 0.68 and a quick ratio of 1.30. Regional REIT has a 1-year low of GBX 115 ($1.46) and a 1-year high of GBX 358 ($4.54).

Analysts Set New Price Targets

Separately, Shore Capital restated a “hold” rating on shares of Regional REIT in a report on Monday, October 28th.

About Regional REIT

Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and ARA Europe Private Markets Limited, the Investment Adviser.