Land Securities Group (OTCMKTS:LDSCY) Stock Price Up 1.2% – What’s Next?

Land Securities Group Plc (OTCMKTS:LDSCY)’s stock price shot up 1.2% during mid-day trading on Thursday . The company traded as high as $8.7899 and last traded at $8.75. 104,243 shares traded hands during trading, an increase of 129% from the average session volume of 45,509 shares. The stock had previously closed at $8.65.

Land Securities Group Stock Up 1.2%

The business has a 50 day moving average price of $8.24 and a two-hundred day moving average price of $8.06.

Land Securities Group Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, January 26th. Shareholders of record on Monday, December 1st will be paid a $0.0069 dividend. This represents a yield of 412.0%. The ex-dividend date of this dividend is Friday, November 28th.

About Land Securities Group

Land Securities Group plc, commonly known as Landsec, is a leading UK-based real estate investment trust focused on commercial property development, investment and management. The company’s portfolio spans retail destinations, office buildings, leisure complexes and mixed-use urban schemes. Landsec leverages its in-house expertise in asset management, leasing and property operations to optimize occupancy and enhance the customer experience across its holdings.

Landsec’s core activities include the development of purpose-built office spaces designed to meet evolving tenant requirements, the repositioning of underperforming retail assets and the creation of destination leisure and entertainment districts.