Life Science REIT plc Plans Dividend of GBX 1 (LON:LABS)

Life Science REIT plc (LON:LABS) declared a dividend on Thursday, September 26th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 3rd will be given a dividend of GBX 1 ($0.01) per share on Thursday, October 31st. This represents a dividend yield of 3.11%. The ex-dividend date is Thursday, October 3rd. The official announcement can be accessed at this link.

Life Science REIT Stock Up 0.6 %

LABS opened at GBX 39.25 ($0.53) on Tuesday. The firm has a 50-day moving average price of GBX 33.61 and a 200-day moving average price of GBX 35.93. The company has a market capitalization of £137.38 million, a price-to-earnings ratio of -650.00 and a beta of 0.08. Life Science REIT has a twelve month low of GBX 31.30 ($0.42) and a twelve month high of GBX 74.20 ($0.99).

Wall Street Analyst Weigh In

LABS has been the subject of several recent analyst reports. Shore Capital reaffirmed a “buy” rating on shares of Life Science REIT in a research note on Thursday, September 26th. Jefferies Financial Group reduced their price objective on shares of Life Science REIT from GBX 45 ($0.60) to GBX 36 ($0.48) and set a “hold” rating for the company in a research note on Friday, August 30th.