Warehouse REIT (LON:WHR) to Issue GBX 1.60 Dividend

Warehouse REIT (LON:WHR) declared a dividend on Tuesday, June 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 4th will be given a dividend of GBX 1.60 ($0.02) per share on Friday, July 26th. This represents a yield of 1.99%. The ex-dividend date of this dividend is Thursday, July 4th. The official announcement can be accessed at this link.

Warehouse REIT Trading Down 0.3 %

LON WHR opened at GBX 80.80 ($1.02) on Thursday. Warehouse REIT has a twelve month low of GBX 68 ($0.86) and a twelve month high of GBX 93 ($1.18). The company has a debt-to-equity ratio of 55.11, a quick ratio of 0.71 and a current ratio of 0.94. The stock has a market cap of £343.27 million, a price-to-earnings ratio of -299.40, a PEG ratio of 1.79 and a beta of 0.88. The firm’s 50 day moving average price is GBX 81.47 and its two-hundred day moving average price is GBX 82.66.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Shore Capital reiterated a “hold” rating on shares of Warehouse REIT in a research report on Monday. Jefferies Financial Group restated a “buy” rating and set a GBX 108 ($1.37) price target on shares of Warehouse REIT in a report on Monday.

About Warehouse REIT

Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.