Schroder European Real Estate Investment Trust (LON:SERE) Trading Up 4.8% – What’s Next?

Schroder European Real Estate Investment Trust Plc (LON:SERE) shares rose 4.8% during mid-day trading on Friday . The stock traded as high as GBX 66 ($0.80) and last traded at GBX 65.40 ($0.80). Approximately 957,212 shares traded hands during mid-day trading, an increase of 193% from the average daily volume of 326,168 shares. The stock had previously closed at GBX 62.40 ($0.76).

Schroder European Real Estate Investment Trust Price Performance

The firm has a market capitalization of £87.47 million, a P/E ratio of -3,270.00 and a beta of 0.60. The business’s fifty day moving average is GBX 65.73 and its 200 day moving average is GBX 66.59. The company has a current ratio of 7.01, a quick ratio of 9.26 and a debt-to-equity ratio of 42.60.

Schroder European Real Estate Investment Trust Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be issued a €0.01 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a dividend yield of 1.8%. Schroder European Real Estate Investment Trust’s dividend payout ratio is currently -25,000.00%.

Schroder European Real Estate Investment Trust Company Profile

The investment objective of the Company is to provide Shareholders with a regular and attractive level of income return together with the potential for long term income and capital growth through investing in commercial real estate in Continental Europe.