Regional REIT Limited (LON:RGL) Announces GBX 1.20 Dividend

Regional REIT Limited (LON:RGL) declared a dividend on Wednesday, May 22nd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 30th will be given a dividend of GBX 1.20 ($0.02) per share on Friday, July 12th. This represents a yield of 4.82%. The ex-dividend date is Thursday, May 30th. The official announcement can be accessed at this link.

Regional REIT Price Performance

Shares of RGL stock opened at GBX 24.17 ($0.31) on Thursday. The company’s 50-day simple moving average is GBX 21.35 and its two-hundred day simple moving average is GBX 25.99. The company has a market capitalization of £124.65 million, a P/E ratio of -186.54 and a beta of 0.86. Regional REIT has a one year low of GBX 12.70 ($0.16) and a one year high of GBX 55 ($0.70). The company has a debt-to-equity ratio of 139.50, a current ratio of 0.68 and a quick ratio of 1.30.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “sell” rating on shares of Regional REIT in a research report on Wednesday.

About Regional REIT

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.