Schroder European Real Estate Investment Trust Plc (LON:SERE) to Issue Dividend of €0.01

Schroder European Real Estate Investment Trust Plc (LON:SERE) declared a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 10th will be paid a dividend of €0.01 ($0.02) per share on Thursday, May 15th. This represents a dividend yield of 1.83%. The ex-dividend date is Thursday, April 10th. The official announcement can be accessed at this link.

Schroder European Real Estate Investment Trust Stock Performance

Shares of Schroder European Real Estate Investment Trust stock opened at GBX 67.06 ($0.87) on Wednesday. Schroder European Real Estate Investment Trust has a 52-week low of GBX 58.40 ($0.76) and a 52-week high of GBX 74 ($0.96). The stock has a market capitalization of £106.95 million, a price-to-earnings ratio of -37.09 and a beta of 0.60. The company’s 50 day moving average price is GBX 65.61 and its 200-day moving average price is GBX 67.32.

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.