Real Estate Credit Investments Limited (RECI) to Issue Dividend of GBX 3 on October 18th

Real Estate Credit Investments Limited (LON:RECI) declared a dividend on Wednesday, September 18th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be paid a dividend of GBX 3 ($0.04) per share on Friday, October 18th. This represents a yield of 2.31%. The ex-dividend date is Thursday, September 26th. The official announcement can be viewed at this link.

Real Estate Credit Investments Stock Performance

Shares of RECI stock opened at GBX 131 ($1.73) on Friday. The firm has a market capitalization of £290.68 million, a price-to-earnings ratio of 1,302.50 and a beta of 0.42. The company has a debt-to-equity ratio of 7.29, a current ratio of 0.88 and a quick ratio of 0.10. The business has a fifty day moving average of GBX 125.96 and a 200 day moving average of GBX 121.06. Real Estate Credit Investments has a 1 year low of GBX 113.50 ($1.50) and a 1 year high of GBX 132.56 ($1.75).

Real Estate Credit Investments Company Profile

Real Estate Credit Investments Limited is a closed-ended fixed income mutual fund launched and managed by Cheyne Capital Management (UK) LLP. The fund invests in the fixed income markets across the globe. It primarily makes its investments in asset backed securities. The fund considers coupon or cash flows on the tranche relative to the underlying credit to make its investments.