Real Estate Credit Investments Limited (LON:RECI) Declares Dividend of GBX 3

Posted by Faye Duncan on Nov 29th, 2024

Real Estate Credit Investments Limited (LON:RECI – Get Free Report) declared a dividend on Thursday, November 28th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 5th will be given a dividend of GBX 3 ($0.04) per share on Friday, January 3rd. This represents a dividend yield of 2.38%. The ex-dividend date is Thursday, December 5th. The official announcement can be seen at this link.

Real Estate Credit Investments Stock Performance

Shares of LON RECI opened at GBX 126 ($1.60) on Friday. The stock’s 50-day moving average is GBX 128.01 and its 200 day moving average is GBX 124.82. The stock has a market cap of £279.58 million, a price-to-earnings ratio of 1,260.00 and a beta of 0.42. Real Estate Credit Investments has a 1-year low of GBX 113.50 ($1.44) and a 1-year high of GBX 131.50 ($1.67). The company has a current ratio of 0.88, a quick ratio of 0.10 and a debt-to-equity ratio of 7.29.

Insider Buying and Selling at Real Estate Credit Investments

In other Real Estate Credit Investments news, insider Andreas Tautscher purchased 7,500 shares of the business’s stock in a transaction on Wednesday, October 9th. The stock was acquired at an average cost of GBX 129 ($1.64) per share, for a total transaction of £9,675 ($12,281.04). Also, insider Colleen McHugh acquired 8,000 shares of Real Estate Credit Investments stock in a transaction dated Thursday, November 28th. The shares were bought at an average cost of GBX 126 ($1.60) per share, for a total transaction of £10,080 ($12,795.13). Company insiders own 0.50% of the company’s stock.

Real Estate Credit Investments Company Profile

(Get Free Report)

Real Estate Credit Investments Limited is a closed-ended fixed income mutual fund launched and managed by Cheyne Capital Management (UK) LLP. The fund invests in the fixed income markets across the globe. It primarily makes its investments in asset backed securities. The fund considers coupon or cash flows on the tranche relative to the underlying credit to make its investments.