Regional REIT Ltd (RGL) to Issue Dividend of GBX 1.90 on July 17th

Regional REIT Ltd (LON:RGL) announced a dividend on Thursday, May 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, June 4th will be given a dividend of GBX 1.90 ($0.02) per share on Friday, July 17th. This represents a yield of 2.53%. The ex-dividend date is Thursday, June 4th. The official announcement can be seen at this link.

RGL opened at GBX 75 ($0.99) on Friday. Regional REIT has a 12 month low of GBX 1.10 ($0.01) and a 12 month high of GBX 122.40 ($1.61). The company has a debt-to-equity ratio of 83.22, a current ratio of 1.82 and a quick ratio of 1.82. The stock has a market cap of $323.63 million and a P/E ratio of 8.43. The stock’s 50 day moving average price is GBX 77.27 and its 200 day moving average price is GBX 99.42.

Separately, Peel Hunt restated a “buy” rating on shares of Regional REIT in a research report on Thursday.

Regional REIT Company Profile

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.

Further Reading: Recession

Dividend History for Regional REIT (LON:RGL)

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