Land Securities Group Plc (LAND) to Issue Dividend of GBX 12.10 on July 26th

Land Securities Group Plc (LON:LANDGet Free Report) announced a dividend on Friday, May 17th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 13th will be given a dividend of GBX 12.10 ($0.15) per share on Friday, July 26th. This represents a yield of 1.75%. The ex-dividend date of this dividend is Thursday, June 13th. This is a boost from Land Securities Group’s previous dividend of $9.30. The official announcement can be accessed at this link.

Land Securities Group Trading Down 2.6 %

Shares of Land Securities Group stock opened at GBX 672 ($8.44) on Friday. The firm has a 50-day simple moving average of GBX 647.06 and a two-hundred day simple moving average of GBX 651.01. The company has a debt-to-equity ratio of 56.72, a quick ratio of 0.54 and a current ratio of 0.49. Land Securities Group has a fifty-two week low of GBX 551.20 ($6.92) and a fifty-two week high of GBX 729.40 ($9.16). The company has a market cap of £5.01 billion, a P/E ratio of -819.51, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44.

Insider Activity

In related news, insider Vanessa Simms bought 22 shares of the firm’s stock in a transaction on Wednesday, May 8th. The shares were bought at an average price of £684.40 ($859.58) per share, with a total value of £15,056.80 ($18,910.83). Insiders bought a total of 69 shares of company stock valued at $1,535,260 in the last 90 days. Company insiders own 0.55% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Shore Capital reaffirmed a “hold” rating on shares of Land Securities Group in a report on Friday. Barclays upped their target price on Land Securities Group from GBX 700 ($8.79) to GBX 730 ($9.17) and gave the stock an “overweight” rating in a research note on Friday, May 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 675.40 ($8.48).

Read Our Latest Stock Analysis on LAND

About Land Securities Group

(Get Free Report)

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 £12 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 (LON:LAND)

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