Urban Logistics REIT plc (LON:SHED) Plans Dividend of GBX 3.25

Urban Logistics REIT plc (LON:SHEDGet Rating) declared a dividend on Friday, November 11th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 24th will be paid a dividend of GBX 3.25 ($0.04) per share on Friday, December 16th. This represents a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, November 24th. The official announcement can be accessed at this link.

Urban Logistics REIT Price Performance

Shares of LON:SHED opened at GBX 144 ($1.70) on Wednesday. The company has a debt-to-equity ratio of 36.17, a quick ratio of 2.30 and a current ratio of 2.30. The firm has a fifty day moving average price of GBX 139.30 and a 200 day moving average price of GBX 159.72. Urban Logistics REIT has a fifty-two week low of GBX 114.21 ($1.35) and a fifty-two week high of GBX 200 ($2.36). The firm has a market cap of £679.64 million and a price-to-earnings ratio of 300.00.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SHED. Berenberg Bank raised shares of Urban Logistics REIT to a “buy” rating and decreased their price target for the company from GBX 180 ($2.13) to GBX 170 ($2.01) in a research note on Monday. Shore Capital reaffirmed a “buy” rating on shares of Urban Logistics REIT in a research note on Friday, November 11th.

Urban Logistics REIT Company Profile

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Urban 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 AIM, part of the London Stock Exchange.

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Dividend History for Urban Logistics REIT (LON:SHED)

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