Real Estate Investors Plc Plans Dividend of GBX 0.40 (LON:RLE)

Real Estate Investors Plc (LON:RLE) announced a dividend on Tuesday, March 25th, DividendData.Co.Uk reports. Investors of record on Thursday, April 3rd will be paid a dividend of GBX 0.40 ($0.01) per share on Wednesday, April 30th. This represents a dividend yield of 1.37%. The ex-dividend date of this dividend is Thursday, April 3rd. The official announcement can be accessed at this link.

Real Estate Investors Trading Up 4.6 %

LON:RLE traded up GBX 1.34 ($0.02) during mid-day trading on Wednesday, hitting GBX 30.64 ($0.40). The stock had a trading volume of 2,368,856 shares, compared to its average volume of 249,825. Real Estate Investors has a 52 week low of GBX 28 ($0.36) and a 52 week high of GBX 37.80 ($0.49). The stock has a market capitalization of £53.43 million, a price-to-earnings ratio of -4.52 and a beta of 0.66. The company has a 50 day simple moving average of GBX 29.86 and a 200-day simple moving average of GBX 31.08.

Real Estate Investors (LON:RLE) last posted its quarterly earnings data on Tuesday, March 25th. The company reported GBX (1.35) (($0.02)) EPS for the quarter. Real Estate Investors had a negative net margin of 106.92% and a negative return on equity of 12.67%. As a group, equities research analysts anticipate that Real Estate Investors will post 4.3650794 earnings per share for the current year.

Insider Transactions at Real Estate Investors

In other Real Estate Investors news, insider Paul Bassi bought 500,000 shares of the stock in a transaction that occurred on Tuesday, March 25th. The shares were acquired at an average price of GBX 29 ($0.38) per share, with a total value of £145,000 ($187,726.57). Corporate insiders own 18.86% of the company’s stock.

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.