Shares of Warehouse REIT (LON:WHR – Get Free Report) fell 0.1% during mid-day trading on Tuesday . The stock traded as low as GBX 85 ($1.10) and last traded at GBX 85.30 ($1.11). 1,411,528 shares traded hands during mid-day trading, an increase of 53% from the average session volume of 925,396 shares. The stock had previously closed at GBX 85.40 ($1.11).
Analysts Set New Price Targets
Several brokerages recently issued reports on WHR. Jefferies Financial Group restated a “buy” rating and issued a GBX 108 ($1.40) target price on shares of Warehouse REIT in a report on Monday, June 24th. Shore Capital restated a “hold” rating on shares of Warehouse REIT in a report on Monday, June 24th.
Get Our Latest Stock Report on Warehouse REIT
Warehouse REIT Stock Up 0.5 %
Warehouse REIT Announces Dividend
The firm also recently declared a dividend, which will be paid on Friday, July 26th. Shareholders of record on Thursday, July 4th will be given a GBX 1.60 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, July 4th. This represents a yield of 1.99%. Warehouse REIT’s payout ratio is presently -2,222.22%.
Warehouse REIT Company Profile
Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.
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