Land Securities Group plc (LDSCY) to Issue Dividend of $0.06 on January 18th

Land Securities Group plc (OTCMKTS:LDSCYGet Rating) announced a dividend on Tuesday, November 22nd, investing.com reports. Investors of record on Monday, November 28th will be paid a dividend of 0.0642 per share on Wednesday, January 18th. This represents a dividend yield of 3.8%. The ex-dividend date is Friday, November 25th. This is a positive change from Land Securities Group’s previous dividend of $0.06.

Land Securities Group Price Performance

Shares of OTCMKTS LDSCY opened at $7.40 on Wednesday. The stock has a fifty day moving average price of $6.44 and a 200 day moving average price of $7.76. Land Securities Group has a 1-year low of $5.30 and a 1-year high of $11.39.

Analyst Upgrades and Downgrades

A number of analysts recently commented on LDSCY shares. JPMorgan Chase & Co. decreased their price objective on Land Securities Group from GBX 900 ($10.64) to GBX 650 ($7.69) in a research note on Friday, September 16th. Panmure Gordon raised Land Securities Group from a “hold” rating to a “buy” rating in a research note on Wednesday. The Goldman Sachs Group lowered Land Securities Group from a “neutral” rating to a “sell” rating in a research note on Thursday, September 15th. Finally, AlphaValue lowered Land Securities Group to a “reduce” rating in a research note on Friday, October 14th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $793.33.

About Land Securities Group

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At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £11 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.

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Dividend History for Land Securities Group (OTCMKTS:LDSCY)

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