Residential Secure Income PLC (LON:RESI) Announces GBX 1.25 Dividend

Residential Secure Income PLC (LON:RESI) announced a dividend on Wednesday, July 29th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 6th will be paid a dividend of GBX 1.25 ($0.02) per share on Friday, September 4th. This represents a dividend yield of 1.36%. The ex-dividend date is Thursday, August 6th. The official announcement can be viewed at this link.

LON:RESI traded up GBX 0.50 ($0.01) during mid-day trading on Thursday, hitting GBX 91.90 ($1.13). The company’s stock had a trading volume of 75,137 shares, compared to its average volume of 109,806. The company has a market capitalization of $157.17 million and a price-to-earnings ratio of 21.37. The company has a current ratio of 3.04, a quick ratio of 1.22 and a debt-to-equity ratio of 75.33. Residential Secure Income has a fifty-two week low of GBX 0.89 ($0.01) and a fifty-two week high of GBX 101 ($1.24). The stock has a fifty day moving average of GBX 91.37 and a 200-day moving average of GBX 91.98.

Separately, Berenberg Bank upgraded shares of Residential Secure Income to a “buy” rating and reduced their price target for the company from GBX 100 ($1.23) to GBX 90 ($1.11) in a research report on Wednesday, May 6th.

Residential Secure Income Company Profile

Residential Secure Income plc ("ReSI" or "the Company") is managed by ReSI Capital Management Limited (the "Fund Manager"), a wholly-owned and separately regulated subsidiary of TradeRisks Limited ("TradeRisks") – a financing adviser and debt arranger with a 17-year track record in the social housing sector.

Read More: What is a bull market?

Dividend History for Residential Secure Income (LON:RESI)

Receive News & Ratings for Residential Secure Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Residential Secure Income and related companies with's FREE daily email newsletter.