Land Securities Group plc (OTCMKTS:LDSCY) Raises Dividend to $0.06 Per Share

Land Securities Group plc (OTCMKTS:LDSCYGet Rating) announced a dividend on Tuesday, November 22nd, investing.com reports. Shareholders of record on Monday, November 28th will be paid a dividend of 0.0642 per share on Wednesday, January 18th. This represents a yield of 3.8%. The ex-dividend date is Friday, November 25th. This is an increase from Land Securities Group’s previous dividend of $0.06.

Land Securities Group Stock Performance

Shares of LDSCY opened at $7.40 on Wednesday. The business has a 50-day simple moving average of $6.44 and a two-hundred day simple moving average of $7.76. Land Securities Group has a 52 week low of $5.30 and a 52 week high of $11.39.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. AlphaValue lowered Land Securities Group to a “reduce” rating in a research note on Friday, October 14th. JPMorgan Chase & Co. dropped their price objective on Land Securities Group from GBX 900 ($10.64) to GBX 650 ($7.69) in a research note on Friday, September 16th. Panmure Gordon raised Land Securities Group from a “hold” rating to a “buy” rating in a research note on Wednesday. Finally, The Goldman Sachs Group lowered Land Securities Group from a “neutral” rating to a “sell” rating in a research note on Thursday, September 15th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Land Securities Group has an average rating of “Hold” and an average target price of $793.33.

Land Securities Group Company Profile

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At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £11 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.

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Dividend History for Land Securities Group (OTCMKTS:LDSCY)

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