Urban Logistics REIT Plans Dividend of GBX 3.25 (LON:SHED)

Urban Logistics REIT (LON:SHED) announced a dividend on Thursday, November 7th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 21st will be paid a dividend of GBX 3.25 ($0.04) per share on Friday, December 13th. This represents a dividend yield of 2.93%. The ex-dividend date is Thursday, November 21st. The official announcement can be seen at this link.

Urban Logistics REIT Stock Down 0.0 %

SHED opened at GBX 109.18 ($1.38) on Tuesday. The stock has a market capitalization of £515.28 million, a price-to-earnings ratio of 2,184.00 and a beta of 0.89. The firm has a 50 day moving average price of GBX 120.45 and a 200-day moving average price of GBX 120.82. Urban Logistics REIT has a twelve month low of GBX 105 ($1.33) and a twelve month high of GBX 131 ($1.66). The company has a quick ratio of 2.30, a current ratio of 1.67 and a debt-to-equity ratio of 47.33.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of Urban Logistics REIT in a research note on Thursday, November 7th.

About Urban Logistics REIT

Urban Logistics REIT plc (the "Company") and its subsidiaries (the "Group") carry on the business of property lettings throughout the United Kingdom. The Company is a public limited company incorporated and domiciled in England and Wales and listed on the Main Market of the London Stock Exchange.