Capital & Regional Plc (LON:CAL) Plans GBX 2.85 Dividend

Capital & Regional Plc (LON:CAL) declared a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 5th will be paid a dividend of GBX 2.85 ($0.04) per share by the real estate investment trust on Friday, September 27th. This represents a dividend yield of 4.38%. The ex-dividend date of this dividend is Thursday, September 5th. The official announcement can be seen at this link.

Capital & Regional Stock Performance

Shares of CAL stock opened at GBX 67.13 ($0.86) on Thursday. The firm’s 50 day moving average price is GBX 62.49 and its 200-day moving average price is GBX 56. The company has a debt-to-equity ratio of 112.28, a quick ratio of 1.58 and a current ratio of 0.72. Capital & Regional has a one year low of GBX 48.88 ($0.63) and a one year high of GBX 68.60 ($0.88). The firm has a market cap of £150.98 million, a P/E ratio of 3,250.00, a P/E/G ratio of 1.40 and a beta of 1.68.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their target price on shares of Capital & Regional from GBX 68 ($0.87) to GBX 65 ($0.84) and set a “buy” rating on the stock in a research note on Tuesday, May 14th.

Capital & Regional Company Profile

Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of tailored in-town community shopping centres.