Prs Reit (LON:PRSR) Announces Dividend of GBX 1

Prs Reit (LON:PRSR) declared a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, August 8th will be given a dividend of GBX 1 ($0.01) per share on Friday, August 30th. This represents a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, August 8th. The official announcement can be viewed at this link.

Prs Reit Trading Up 1.8 %

Shares of Prs Reit stock opened at GBX 83.47 ($1.07) on Thursday. The company has a debt-to-equity ratio of 56.87, a current ratio of 0.14 and a quick ratio of 0.39. The business has a fifty day simple moving average of GBX 77.72 and a two-hundred day simple moving average of GBX 78.77. Prs Reit has a 1 year low of GBX 65.50 ($0.84) and a 1 year high of GBX 88.50 ($1.14). The company has a market capitalization of £458.44 million, a price-to-earnings ratio of 1,025.00, a P/E/G ratio of 0.34 and a beta of 0.49.

Insider Activity

In related news, insider Stephen Smith acquired 60,000 shares of the business’s stock in a transaction on Wednesday, June 26th. The stock was purchased at an average cost of GBX 77 ($0.99) per share, for a total transaction of £46,200 ($59,428.87). Insiders own 6.66% of the company’s stock.

About Prs Reit

The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector ("PRS") and to provide shareholders with an attractive level of income together with the potential for capital and income growth. The Company has investment of over £1bn in a portfolio of high-quality homes for private rental across the regions, having raised a total of £0.56bn (gross) through its Initial Public Offering, on 31 May 2017 and subsequent fundraisings in February 2018 and September 2021.