Sirius Real Estate Limited (LON:SRE) declared a dividend on Monday, November 19th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 13th will be given a dividend of €0.02 ($0.02) per share on Friday, January 18th. This represents a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, December 13th. This is a boost from Sirius Real Estate’s previous dividend of $0.02. The official announcement can be seen at this link.
SRE stock opened at GBX 60.80 ($0.79) on Friday. Sirius Real Estate has a 1-year low of GBX 50.25 ($0.66) and a 1-year high of GBX 67.50 ($0.88).
Several research firms have recently weighed in on SRE. Berenberg Bank reissued a “buy” rating and issued a GBX 72 ($0.94) price objective on shares of Sirius Real Estate in a research report on Monday, November 19th. Peel Hunt reissued a “buy” rating and issued a GBX 75 ($0.98) price objective on shares of Sirius Real Estate in a research report on Monday, November 19th.
Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company’s core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company’s own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.
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