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

Real Estate Investors Plc (LON:RLE) announced a dividend on Monday, September 23rd, Upcoming.Co.Uk reports. Investors of record on Thursday, October 3rd will be paid a dividend of GBX 0.50 ($0.01) per share on Friday, October 25th. This represents a yield of 1.52%. The ex-dividend date is Thursday, October 3rd. The official announcement can be accessed at this link.

Real Estate Investors Stock Up 0.2 %

Real Estate Investors stock traded up GBX 0.05 ($0.00) during midday trading on Monday, hitting GBX 32.80 ($0.44). The stock had a trading volume of 48,748 shares, compared to its average volume of 176,532. The company has a current ratio of 0.22, a quick ratio of 1.61 and a debt-to-equity ratio of 57.39. The stock has a market cap of £57.20 million, a P/E ratio of -656.00 and a beta of 0.66. Real Estate Investors has a 12 month low of GBX 27.01 ($0.36) and a 12 month high of GBX 37.80 ($0.50). The business has a fifty day moving average price of GBX 33.37 and a 200 day moving average price of GBX 34.20.

Insider Buying and Selling at Real Estate Investors

In related news, insider Marcus Daly bought 250,000 shares of the firm’s stock in a transaction on Wednesday, June 26th. The stock was bought at an average cost of GBX 37 ($0.49) per share, for a total transaction of £92,500 ($123,465.03). 23.02% of the stock is currently owned by insiders.

About Real Estate Investors

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.