Capital & Regional Plc (LON:CAL) Announces Dividend Increase – GBX 2.95 Per Share

Capital & Regional Plc (LON:CAL) announced a dividend on Friday, March 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 11th will be given a dividend of GBX 2.95 ($0.04) per share by the real estate investment trust on Friday, May 31st. This represents a yield of 5.68%. The ex-dividend date of this dividend is Thursday, April 11th. This is a boost from Capital & Regional’s previous dividend of $2.75. The official announcement can be seen at this link.

Capital & Regional Price Performance

CAL opened at GBX 53.44 ($0.68) on Tuesday. The stock has a market cap of £120.19 million, a price-to-earnings ratio of -1,072.00, a PEG ratio of 1.40 and a beta of 1.69. Capital & Regional has a 1 year low of GBX 49.86 ($0.63) and a 1 year high of GBX 61 ($0.77). The company has a current ratio of 0.89, a quick ratio of 1.58 and a debt-to-equity ratio of 115.72. The stock has a fifty day moving average price of GBX 52.44 and a 200 day moving average price of GBX 54.85.

Analyst Upgrades and Downgrades

Separately, Numis Securities reissued an “add” rating and set a GBX 65 ($0.82) price objective on shares of Capital & Regional in a research report on Friday, March 8th.

Capital & Regional Company Profile

Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of tailored in-town community shopping centres.