Real Estate Investors Plc (LON:RLE) Plans Dividend of GBX 0.40

Real Estate Investors Plc (LON:RLE) announced a dividend on Tuesday, March 25th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 3rd will be paid a dividend of GBX 0.40 ($0.01) per share on Wednesday, April 30th. This represents a dividend yield of 1.37%. The ex-dividend date is Thursday, April 3rd. The official announcement can be accessed at this link.

Real Estate Investors Stock Performance

RLE opened at GBX 29.13 ($0.38) on Tuesday. The company has a market cap of £50.79 million, a PE ratio of -4.29 and a beta of 0.66. The stock has a 50-day moving average of GBX 29.84 and a 200-day moving average of GBX 31.02. Real Estate Investors has a 52-week low of GBX 28 ($0.36) and a 52-week high of GBX 37.80 ($0.49).

Real Estate Investors (LON:RLE) last announced its earnings results on Tuesday, March 25th. The company reported GBX (1.35) (($0.02)) earnings per share (EPS) for the quarter. Real Estate Investors had a negative return on equity of 12.67% and a negative net margin of 106.92%. On average, research analysts predict that Real Estate Investors will post 4.3650794 earnings per share for the current year.

Insider Buying and Selling

In other Real Estate Investors news, insider Paul Bassi acquired 500,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 25th. The stock was acquired at an average price of GBX 29 ($0.37) per share, with a total value of £145,000 ($187,338.50). 18.86% of the stock is owned by insiders.

Real Estate Investors Company Profile

Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of mixed-use commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors.