British Land Company Plc (BLND.L) (LON:BLND) declared a dividend on Wednesday, November 18th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, January 7th will be paid a dividend of GBX 8.40 ($0.11) per share on Friday, February 19th. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, January 7th. This is an increase from British Land Company Plc (BLND.L)’s previous dividend of $7.98. The official announcement can be viewed at this link.
Shares of BLND opened at GBX 473 ($6.18) on Friday. British Land Company Plc has a one year low of GBX 309.40 ($4.04) and a one year high of GBX 648.40 ($8.47). The company has a 50-day moving average of GBX 385.76 and a two-hundred day moving average of GBX 377.08. The stock has a market cap of $3.24 billion and a price-to-earnings ratio of -4.30. The company has a debt-to-equity ratio of 53.65, a current ratio of 0.30 and a quick ratio of 0.25.
In related news, insider William Jackson purchased 2,450 shares of the firm’s stock in a transaction that occurred on Tuesday, October 6th. The stock was acquired at an average cost of GBX 343 ($4.48) per share, for a total transaction of £8,403.50 ($10,979.23). Over the last 90 days, insiders have purchased 2,567 shares of company stock valued at $885,511.
About British Land Company Plc (BLND.L)
Our portfolio of high quality UK commercial property is focused on London Offices and Retail around the UK. We own or manage a portfolio valued at Â£14.8bn (British Land share: Â£11.2bn) as at 31 March 2020 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer.
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