Schroder European Real Estate Investment Trust (LON:SERE) Trading Down 0.4% – Here’s What Happened

Schroder European Real Estate Investment Trust Plc (LON:SERE)’s share price traded down 0.4% during mid-day trading on Friday . The company traded as low as GBX 62.60 ($0.79) and last traded at GBX 63.77 ($0.80). 56,146 shares traded hands during trading, a decline of 74% from the average session volume of 215,641 shares. The stock had previously closed at GBX 64 ($0.81).

Schroder European Real Estate Investment Trust Stock Performance

The firm has a market capitalization of £85.29 million, a PE ratio of -3,188.50 and a beta of 0.60. The business has a 50-day simple moving average of GBX 67.93 and a 200-day simple moving average of GBX 66.79. The company has a debt-to-equity ratio of 42.60, a current ratio of 7.01 and a quick ratio of 9.26.

Schroder European Real Estate Investment Trust Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be paid a dividend of €0.01 ($0.02) per share. The ex-dividend date is Thursday, January 2nd. This represents a dividend yield of 1.8%. Schroder European Real Estate Investment Trust’s dividend payout ratio is presently -25,000.00%.

About Schroder European Real Estate Investment Trust

The investment objective of the Company is to provide Shareholders with a regular and attractive level of income return together with the potential for long term income and capital growth through investing in commercial real estate in Continental Europe.