Real Estate Credit Investments Limited Declares Dividend of GBX 3 (LON:RECI)

Real Estate Credit Investments Limited (LON:RECI) declared a dividend on Wednesday, September 18th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 26th will be paid a dividend of GBX 3 ($0.04) per share on Friday, October 18th. This represents a yield of 2.31%. The ex-dividend date of this dividend is Thursday, September 26th. The official announcement can be viewed at this link.

Real Estate Credit Investments Trading Up 0.3 %

LON RECI opened at GBX 130.35 ($1.72) on Thursday. The company has a quick ratio of 0.10, a current ratio of 0.88 and a debt-to-equity ratio of 7.29. The stock has a market capitalization of £289.23 million, a P/E ratio of 1,300.00 and a beta of 0.42. Real Estate Credit Investments has a 52-week low of GBX 113.50 ($1.50) and a 52-week high of GBX 132.56 ($1.75). The firm has a 50-day moving average price of GBX 125.81 and a 200 day moving average price of GBX 121.

Real Estate Credit Investments Company Profile

Real Estate Credit Investments Limited is a closed-ended fixed income mutual fund launched and managed by Cheyne Capital Management (UK) LLP. The fund invests in the fixed income markets across the globe. It primarily makes its investments in asset backed securities. The fund considers coupon or cash flows on the tranche relative to the underlying credit to make its investments.