Regional REIT (LON:RGL) Receives Hold Rating from Shore Capital

Shore Capital restated their hold rating on shares of Regional REIT (LON:RGLFree Report) in a research note released on Monday, Marketbeat reports.

Regional REIT Price Performance

Shares of LON:RGL opened at GBX 128.20 ($1.66) on Monday. The company’s 50-day moving average is GBX 131.43 and its 200 day moving average is GBX 71.08. The company has a debt-to-equity ratio of 139.50, a quick ratio of 1.30 and a current ratio of 0.68. The company has a market capitalization of £207.80 million, a P/E ratio of -157.42 and a beta of 0.90. Regional REIT has a fifty-two week low of GBX 115 ($1.49) and a fifty-two week high of GBX 358 ($4.64).

Regional REIT Increases Dividend

The business also recently declared a dividend, which was paid on Friday, October 18th. Investors of record on Thursday, September 19th were issued a GBX 2.20 ($0.03) dividend. This is an increase from Regional REIT’s previous dividend of $1.20. This represents a dividend yield of 1.73%. The ex-dividend date of this dividend was Thursday, September 19th. Regional REIT’s payout ratio is -3,614.46%.

About Regional REIT

(Get Free Report)

Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and ARA Europe Private Markets Limited, the Investment Adviser.

See Also

Receive News & Ratings for Regional REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regional REIT and related companies with MarketBeat.com's FREE daily email newsletter.