Derwent London Plc (LON:DLN – Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,166.65 ($27.66) and traded as high as GBX 2,320 ($29.62). Derwent London shares last traded at GBX 2,302 ($29.39), with a volume of 43,656 shares trading hands.
Derwent London Trading Down 1.0 %
The business’s fifty day simple moving average is GBX 2,280.33 and its two-hundred day simple moving average is GBX 2,167.59. The company has a quick ratio of 0.38, a current ratio of 0.51 and a debt-to-equity ratio of 35.55. The company has a market cap of £2.56 billion, a price-to-earnings ratio of -709.03, a PEG ratio of 23.10 and a beta of 1.01.
Derwent London Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, October 11th. Shareholders of record on Thursday, September 5th will be given a dividend of GBX 25 ($0.32) per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a yield of 1.1%. Derwent London’s payout ratio is -2,492.21%.
Insider Activity
About Derwent London
Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.
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