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

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

Real Estate Investors Trading Up 0.9 %

Shares of LON RLE opened at GBX 37.33 ($0.47) on Tuesday. The company has a quick ratio of 1.61, a current ratio of 0.22 and a debt-to-equity ratio of 57.39. The business has a fifty day simple moving average of GBX 35.21 and a two-hundred day simple moving average of GBX 33.16. The firm has a market cap of £64.89 million, a PE ratio of -740.00 and a beta of 0.67. Real Estate Investors has a twelve month low of GBX 27.01 ($0.34) and a twelve month high of GBX 37.80 ($0.48).

Insider Buying and Selling at Real Estate Investors

In other Real Estate Investors news, insider Marcus Daly acquired 250,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The shares were bought at an average cost of GBX 37 ($0.47) per share, with a total value of £92,500 ($116,999.75). In other news, insider Marcus Daly purchased 250,000 shares of the business’s stock in a transaction on Wednesday, June 26th. The shares were acquired 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 bought 107,165 shares of Real Estate Investors stock in a transaction that occurred on Friday, June 21st. The shares were acquired at an average cost of GBX 36 ($0.46) per share, for a total transaction of £38,579.40 ($48,797.62). Insiders own 35.05% of the company’s stock.

Real Estate Investors Company Profile

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.