Tritax Big Box REIT plc (LON:BBOX) Declares Dividend of GBX 1.83

Tritax Big Box REIT plc (LON:BBOX) declared a dividend on Thursday, May 2nd, Upcoming.Co.Uk reports. Investors of record on Thursday, May 23rd will be paid a dividend of GBX 1.83 ($0.02) per share on Friday, June 7th. This represents a yield of 1.16%. The ex-dividend date of this dividend is Thursday, May 23rd. The official announcement can be viewed at this link.

Tritax Big Box REIT Price Performance

Shares of Tritax Big Box REIT stock opened at GBX 158.70 ($1.99) on Friday. The business’s 50-day moving average price is GBX 151.28 and its 200-day moving average price is GBX 154.40. The firm has a market capitalization of £3.02 billion, a PE ratio of 3,967.50, a price-to-earnings-growth ratio of 2.05 and a beta of 0.88. Tritax Big Box REIT has a 12 month low of GBX 121.80 ($1.53) and a 12 month high of GBX 173 ($2.17). The company has a current ratio of 0.40, a quick ratio of 0.42 and a debt-to-equity ratio of 48.45.

Analyst Upgrades and Downgrades

BBOX has been the topic of a number of recent research reports. Barclays increased their price target on shares of Tritax Big Box REIT from GBX 165 ($2.07) to GBX 190 ($2.39) and gave the company an “overweight” rating in a research report on Wednesday, April 3rd. Shore Capital reiterated a “buy” rating on shares of Tritax Big Box REIT in a research report on Friday, March 1st. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 155 ($1.95) price target on shares of Tritax Big Box REIT in a research note on Thursday, February 8th.

About Tritax Big Box REIT

Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. BBOX is committed to delivering attractive and sustainable returns for Shareholders by investing in and actively managing existing built investments and land suitable for logistics development.