Real Estate Investors Plc (LON:RLE) to Issue GBX 0.50 Dividend

Real Estate Investors Plc (LON:RLEGet Free Report) announced a dividend on Monday, July 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, July 11th will be given a dividend of GBX 0.50 ($0.01) per share on Wednesday, July 31st. This represents a yield of 1.35%. The ex-dividend date of this dividend is Thursday, July 11th. The official announcement can be accessed at this link.

Real Estate Investors Stock Performance

Shares of RLE stock opened at GBX 37.33 ($0.47) on Tuesday. The company has a debt-to-equity ratio of 57.39, a current ratio of 0.22 and a quick ratio of 1.61. The firm has a 50-day moving average of GBX 35.21 and a 200-day moving average of GBX 33.16. Real Estate Investors has a one year low of GBX 27.01 ($0.34) and a one year high of GBX 37.80 ($0.48). The company has a market cap of £64.89 million, a P/E ratio of -740.00 and a beta of 0.67.

Insider Buying and Selling

In related news, insider Paul Bassi acquired 107,165 shares of the stock in a transaction on Friday, June 21st. The shares were acquired at an average price of GBX 36 ($0.46) per share, with a total value of £38,579.40 ($48,797.62). In related news, insider Marcus Daly purchased 250,000 shares of the business’s stock in a transaction dated Wednesday, June 26th. The stock was purchased at an average cost of GBX 37 ($0.47) per share, with a total value of £92,500 ($116,999.75). Also, insider Paul Bassi acquired 107,165 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The shares were bought at an average price of GBX 36 ($0.46) per share, for a total transaction of £38,579.40 ($48,797.62). 35.05% of the stock is owned by insiders.

Real Estate Investors Company Profile

(Get Free Report)

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.

See Also

Dividend History for Real Estate Investors (LON:RLE)

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