Starwood European Real Estate Finance (LON:SWEF) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Starwood European Real Estate Finance (LON:SWEF)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 90.33 ($1.14) and traded as low as GBX 87.80 ($1.10). Starwood European Real Estate Finance shares last traded at GBX 87.80 ($1.10), with a volume of 31,336 shares changing hands.

Starwood European Real Estate Finance Stock Down 1.3 %

The firm has a fifty day moving average of GBX 90.33 and a 200-day moving average of GBX 91.20. The firm has a market cap of £237.66 million and a P/E ratio of 13.17.

Starwood European Real Estate Finance Announces Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Thursday, January 30th will be given a dividend of GBX 1.38 ($0.02) per share. This represents a dividend yield of 1.53%. The ex-dividend date of this dividend is Thursday, January 30th. Starwood European Real Estate Finance’s dividend payout ratio is 90.03%.

About Starwood European Real Estate Finance

Starwood European Real Estate Finance Ltd. specializes in making real estate debt investments. The fund invests in Europe with a focus on the United Kingdom and wider European Union's internal market, focusing on Northern and Southern Europe. It provides loans with a term between three and seven years.