Tritax Big Box REIT plc (LON:BBOX) to Issue GBX 1.68 Dividend

Tritax Big Box REIT plc (LON:BBOXGet Rating) announced a dividend on Wednesday, May 4th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 12th will be paid a dividend of GBX 1.68 ($0.02) per share on Wednesday, June 1st. This represents a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, May 12th. The official announcement can be seen at this link.

LON BBOX opened at GBX 218.40 ($2.73) on Thursday. The company has a market cap of ¬£4.08 billion and a PE ratio of 3.84. Tritax Big Box REIT has a 52-week low of GBX 188.50 ($2.35) and a 52-week high of GBX 288 ($3.60). The company has a debt-to-equity ratio of 33.00, a quick ratio of 0.64 and a current ratio of 0.84. The firm’s 50 day moving average price is GBX 239.54 and its 200-day moving average price is GBX 235.92.

A number of equities analysts recently weighed in on BBOX shares. Royal Bank of Canada restated an “outperform” rating and set a GBX 275 ($3.44) price target on shares of Tritax Big Box REIT in a research report on Tuesday, April 12th. Berenberg Bank reiterated a “buy” rating and set a GBX 275 ($3.44) price target on shares of Tritax Big Box REIT in a report on Wednesday, March 23rd. Barclays reiterated an “equal weight” rating and issued a GBX 260 ($3.25) price target on shares of Tritax Big Box REIT in a research report on Friday, April 29th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Tritax Big Box REIT in a research report on Monday, March 14th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Tritax Big Box REIT currently has a consensus rating of “Buy” and a consensus price target of GBX 255.29 ($3.19).

About Tritax Big Box REIT (Get Rating)

Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets (Big Boxes) in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and developments predominantly delivered through pre-let forward funded basis, the Company focuses on large, well-located, modern Big Box logistics assets, let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK.

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Dividend History for Tritax Big Box REIT (LON:BBOX)

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