Empiric Student Property PLC (LON:ESP) Declares Dividend of GBX 1.25

Empiric Student Property PLC (LON:ESP) announced a dividend on Wednesday, November 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, December 5th will be given a dividend of GBX 1.25 ($0.02) per share on Friday, December 20th. This represents a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be accessed at this link.

Shares of LON:ESP traded down GBX 0.20 ($0.00) during trading on Wednesday, hitting GBX 95.80 ($1.25). 264,195 shares of the company were exchanged, compared to its average volume of 870,269. The company has a market cap of $575.27 million and a PE ratio of 12.13. The stock has a 50 day moving average of GBX 95.05 and a 200 day moving average of GBX 91.30. Empiric Student Property has a 52-week low of GBX 1.05 ($0.01) and a 52-week high of GBX 99.50 ($1.30). The company has a debt-to-equity ratio of 52.77, a current ratio of 0.38 and a quick ratio of 0.29.

In other Empiric Student Property news, insider Timothy Attlee sold 56,833 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of GBX 95 ($1.24), for a total transaction of £53,991.35 ($70,549.26).

About Empiric Student Property

Empiric Student Property plc is a leading provider and operator of modern, direct-let, nominated or leased student accommodation across the UK. Investing in both operating and development assets, Empiric is a multi-niche student property company focused on, (i) providing good quality first year accommodation managed through its Hello Student® operating platform in partnership with universities, (ii) offering a variety of second and third year purpose-built accommodation options for individual students and those wanting a group living environment, and (iii)continuing to expand the Group's existing premium, studio-led accommodation portfolio which is attractive to international and postgraduate students.

Further Reading: Balanced Fund

Dividend History for Empiric Student Property (LON:ESP)

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