Urban Logistics Reit PLC to Issue Dividend of GBX 3.75 (LON:SHED)

Urban Logistics Reit PLC (LON:SHED) declared a dividend on Thursday, November 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 21st will be paid a dividend of GBX 3.75 ($0.05) per share on Friday, December 20th. This represents a dividend yield of 2.78%. The ex-dividend date is Thursday, November 21st. The official announcement can be accessed at this link.

Shares of SHED traded down GBX 0.60 ($0.01) during mid-day trading on Wednesday, reaching GBX 134.90 ($1.76). 1,620 shares of the company’s stock were exchanged. The company has a market cap of $118.30 million and a price-to-earnings ratio of 6.36. The company has a 50-day simple moving average of GBX 131.32 and a two-hundred day simple moving average of GBX 121.53. Urban Logistics Reit has a 52-week low of GBX 1.34 ($0.02) and a 52-week high of GBX 137 ($1.79). The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 56.55.

Urban Logistics Reit Company Profile

Urban Logistics REIT plc, previously Pacific Industrial & Logistics REIT plc, (the "Company") and its subsidiaries (the "Group") carry on the business of property lettings throughout the United Kingdom. The Company is a public limited company incorporated and domiciled in England and Wales and listed on the AIM Market of the London Stock Exchange.

See Also: What is the Quick Ratio?

Receive News & Ratings for Urban Logistics Reit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urban Logistics Reit and related companies with MarketBeat.com's FREE daily email newsletter.