Real Estate Investors Plc (LON:RLE) Plans Dividend of GBX 0.50

Real Estate Investors Plc (LON:RLE) declared a dividend on Wednesday, December 11th,Upcoming Dividends.Co.Uk reports. Investors of record on Tuesday, December 24th will be given a dividend of GBX 0.50 ($0.01) per share on Friday, January 17th. This represents a yield of 1.64%. The ex-dividend date is Tuesday, December 24th. The official announcement can be accessed at this link.

Real Estate Investors Trading Down 2.8 %

RLE traded down GBX 0.85 ($0.01) during mid-day trading on Wednesday, reaching GBX 29.65 ($0.38). The stock had a trading volume of 247,191 shares, compared to its average volume of 159,528. The stock has a market capitalization of £51.70 million, a P/E ratio of -435.71 and a beta of 0.66. Real Estate Investors has a 52 week low of GBX 28.50 ($0.36) and a 52 week high of GBX 37.80 ($0.48). The company has a debt-to-equity ratio of 53.05, a quick ratio of 1.61 and a current ratio of 0.19. The firm’s fifty day simple moving average is GBX 32.55 and its two-hundred day simple moving average is GBX 33.79.

About Real Estate Investors

Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of mixed-use commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors.