Warehouse REIT PLC (LON:WHR) Plans Dividend of GBX 1.50

Warehouse REIT PLC (LON:WHR) declared a dividend on Tuesday, November 5th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 28th will be paid a dividend of GBX 1.50 ($0.02) per share on Friday, December 27th. This represents a yield of 1.41%. The ex-dividend date of this dividend is Thursday, November 28th. The official announcement can be seen at this link.

Shares of WHR stock opened at GBX 107.50 ($1.40) on Wednesday. The company has a market capitalization of $258.72 million and a P/E ratio of 14.14. The business’s 50 day moving average is GBX 106.81 and its two-hundred day moving average is GBX 100.27. The company has a current ratio of 1.13, a quick ratio of 1.12 and a debt-to-equity ratio of 63.77. Warehouse REIT has a 12-month low of GBX 1.04 ($0.01) and a 12-month high of GBX 110 ($1.44).

A number of equities analysts have issued reports on the company. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 140 ($1.83) price target on shares of Warehouse REIT in a research report on Wednesday, October 9th. Peel Hunt reiterated a “buy” rating on shares of Warehouse REIT in a research report on Tuesday. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 120 ($1.57) price target on shares of Warehouse REIT in a research report on Wednesday, September 18th.

In other Warehouse REIT news, insider Stephen Barrow purchased 100,000 shares of the stock in a transaction on Friday, November 22nd. The shares were bought at an average price of GBX 108 ($1.41) per share, for a total transaction of £108,000 ($141,121.13).

Warehouse REIT Company Profile

Warehouse REIT plc is a real estate investment trust. The firm invests in the real estate markets of United Kingdom. It makes investments in UK urban warehouses. Warehouse REIT Plc was founded in July 24, 2017 and is based in Chester, United Kingdom with an additional office in London, United Kingdom.

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Dividend History for Warehouse REIT (LON:WHR)

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