Schroder Real Estate Invest (LON:SREI) Reaches New 12-Month High at $47.90

Schroder Real Estate Invest (LON:SREI) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 47.90 ($0.62) and last traded at GBX 47.40 ($0.61), with a volume of 822442 shares traded. The stock had previously closed at GBX 47.40 ($0.61).

Schroder Real Estate Invest Stock Performance

The stock has a 50-day simple moving average of GBX 44.90 and a two-hundred day simple moving average of GBX 44.07. The company has a debt-to-equity ratio of 59.47, a quick ratio of 2.91 and a current ratio of 2.06. The firm has a market cap of £231.84 million, a PE ratio of -430.91 and a beta of 0.64.

Schroder Real Estate Invest Increases Dividend

The company also recently declared a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 13th were paid a dividend of GBX 0.85 ($0.01) per share. This is an increase from Schroder Real Estate Invest’s previous dividend of $0.84. This represents a dividend yield of 1.97%. The ex-dividend date was Thursday, June 13th. Schroder Real Estate Invest’s payout ratio is currently -2,727.27%.

About Schroder Real Estate Invest

Schroder Real Estate Investment Trust Limited is a real estate investment company with a premium listing on the Official List of the Financial Conduct Authority and whose shares are traded on the premium segment of the Main Market of the London Stock Exchange (ticker: SREI). The Company is a Real Estate Investment Trust ('REIT') and benefits from the various tax advantages offered by the UK REIT regime.