British Land Company PLC (OTCMKTS:BTLCY) Increases Dividend to $0.11 Per Share

British Land Company PLC (OTCMKTS:BTLCY) declared a dividend on Thursday, November 21st,NASDAQ Dividends reports. Shareholders of record on Friday, December 6th will be given a dividend of 0.109 per share by the financial services provider on Monday, January 27th. The ex-dividend date of this dividend is Friday, December 6th. This is a boost from British Land’s previous dividend of $0.10.

British Land Stock Performance

Shares of BTLCY traded up $0.09 during midday trading on Friday, hitting $4.84. 30,194 shares of the company’s stock traded hands, compared to its average volume of 17,014. British Land has a 1 year low of $4.28 and a 1 year high of $6.31. The firm’s fifty day moving average is $5.59 and its 200-day moving average is $5.39. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.59 and a current ratio of 0.59.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft raised British Land from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd.

About British Land

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.