Schroder Real Estate Invest Stock Analysis and Dividend Announcement
Schroder Real Estate Invest (LON:SREI) saw its stock price cross above its 200-day moving average on Thursday, signaling a potential upward trend for the company. The stock reached a high of GBX 44.80 ($0.56) before settling at GBX 44.60 ($0.56) with a trading volume of 975,097 shares.
Despite this positive movement, the stock is still down 0.9% overall, with a 50-day simple moving average of GBX 42.94 and a 200-day simple moving average of GBX 43.51. The company has a debt-to-equity ratio of 59.47 and a market cap of £216.19 million.
In addition to the stock movement, Schroder Real Estate Invest recently announced a dividend payment, with stockholders receiving a GBX 0.84 ($0.01) dividend. The company’s dividend yield is currently at 1.93%, with a dividend payout ratio of -2,727.27%.
Schroder Real Estate Investment Trust Limited is a real estate investment company listed on the London Stock Exchange. As a Real Estate Investment Trust (REIT), the company benefits from tax advantages under the UK REIT regime.
Investors and analysts are keeping a close eye on Schroder Real Estate Invest as it continues to navigate market fluctuations and deliver returns to its shareholders. Stay updated on the latest news and ratings for the company by subscribing to MarketBeat.com’s daily email newsletter.
