Regional REIT (RGL) Hits New 1-Year Low at $91.50

Regional REIT Ltd (LON:RGL) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 91.50 ($1.20) and last traded at GBX 92 ($1.20), with a volume of 417693 shares traded. The stock had previously closed at GBX 91.90 ($1.20).

Separately, Peel Hunt reiterated a “buy” rating on shares of Regional REIT in a research report on Monday, September 10th.

The business also recently declared a dividend, which will be paid on Friday, December 21st. Shareholders of record on Thursday, November 22nd will be issued a GBX 1.85 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, November 22nd. This represents a yield of 1.84%.

In related news, insider Frances Daley purchased 30,000 shares of Regional REIT stock in a transaction on Wednesday, October 10th. The shares were bought at an average cost of GBX 101 ($1.32) per share, for a total transaction of £30,300 ($39,592.32).

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Regional REIT Company Profile (LON:RGL)

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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