Regional REIT (LON:RGL) Receives Hold Rating from Shore Capital

Shore Capital reiterated their hold rating on shares of Regional REIT (LON:RGL) in a research note published on Monday morning, Marketbeat.com reports.

Regional REIT Price Performance

Shares of LON:RGL opened at GBX 128.20 ($1.66) on Monday. The company has a current ratio of 0.68, a quick ratio of 1.30 and a debt-to-equity ratio of 139.50. The stock’s fifty day simple moving average is GBX 131.43 and its two-hundred day simple moving average is GBX 71.08. Regional REIT has a 1-year low of GBX 115 ($1.49) and a 1-year high of GBX 358 ($4.64). The stock has a market cap of £207.80 million, a PE ratio of -157.42 and a beta of 0.90.

Regional REIT Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 19th were paid a dividend of GBX 2.20 ($0.03) per share. The ex-dividend date was Thursday, September 19th. This is a boost from Regional REIT’s previous dividend of $1.20. This represents a yield of 1.73%. Regional REIT’s dividend payout ratio (DPR) is -3,614.46%.

About Regional REIT

Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and ARA Europe Private Markets Limited, the Investment Adviser.