Real Estate Investors PLC. (RLE) Increases Dividend to GBX 0.75 Per Share

Real Estate Investors PLC. (LON:RLE) declared a dividend on Monday, March 20th. Stockholders of record on Thursday, March 30th will be given a dividend of GBX 0.75 ($0.01) per share on Friday, April 28th. This represents a dividend yield of 1.25%. The ex-dividend date is Thursday, March 30th. This is a positive change from Real Estate Investors PLC.’s previous dividend of $0.63. The official announcement can be accessed at this link.

Real Estate Investors PLC. (LON:RLE) opened at 60.00 on Tuesday. The stock’s 50 day moving average is GBX 58.16 and its 200-day moving average is GBX 57.26. The firm’s market capitalization is GBX 111.85 million. Real Estate Investors PLC. has a 52-week low of GBX 50.00 and a 52-week high of GBX 64.90.

Dividend History for Real Estate Investors PLC. (LON:RLE)

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Separately, Liberum Capital reissued a “buy” rating and issued a GBX 67 ($0.83) price target on shares of Real Estate Investors PLC. in a research report on Monday, January 30th.

Real Estate Investors PLC. Company Profile

Real Estate Investors Plc (REI) is a real estate investment trust (REIT). The Company invests in real estate assets in the markets of central Birmingham and the Midlands. The Company generates rental income from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains.

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