SEGRO Plc (SGRO) to Issue Dividend of GBX 20.20 on May 14th

SEGRO Plc (LON:SGRO) announced a dividend on Friday, February 14th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be given a dividend of GBX 20.20 ($0.26) per share by the real estate investment trust on Wednesday, May 14th. This represents a dividend yield of 2.88%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 122.0% increase from SEGRO’s previous dividend of $9.10. The official announcement can be viewed at this link.

SEGRO Price Performance

Shares of LON:SGRO traded up GBX 25.40 ($0.33) during midday trading on Tuesday, hitting GBX 716.40 ($9.26). The company’s stock had a trading volume of 4,751,559 shares, compared to its average volume of 14,057,347. The company has a market cap of £9.63 billion, a P/E ratio of -929.28, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. SEGRO has a 12-month low of GBX 659.20 ($8.52) and a 12-month high of GBX 949 ($12.26). The business’s 50 day simple moving average is GBX 705.06 and its 200 day simple moving average is GBX 762.10. The company has a debt-to-equity ratio of 42.10, a quick ratio of 0.62 and a current ratio of 1.30.

SEGRO (LON:SGRO) last issued its earnings results on Friday, February 14th. The real estate investment trust reported GBX 34.50 ($0.45) earnings per share for the quarter. SEGRO had a negative return on equity of 0.09% and a negative net margin of 1.36%. On average, analysts forecast that SEGRO will post 37.4077408 EPS for the current year.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.