Sirius Real Estate Limited (LON:SRE) declared a dividend on Monday, June 1st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 9th will be paid a dividend of €0.02 ($0.02) per share on Thursday, August 20th. This represents a dividend yield of 2.09%. The ex-dividend date is Thursday, July 9th. This is a boost from Sirius Real Estate’s previous dividend of $0.02. The official announcement can be seen at this link.
Shares of SRE stock opened at GBX 81.30 ($1.00) on Tuesday. The stock has a market capitalization of $842.48 million and a PE ratio of 6.83. Sirius Real Estate has a 1-year low of GBX 44.35 ($0.55) and a 1-year high of GBX 93.50 ($1.15). The business has a 50-day moving average of GBX 75.02 and a 200 day moving average of GBX 78.05. The company has a debt-to-equity ratio of 62.45, a current ratio of 1.53 and a quick ratio of 1.41.
Several equities research analysts recently weighed in on SRE shares. Peel Hunt restated a “buy” rating on shares of Sirius Real Estate in a report on Wednesday, July 1st. Berenberg Bank restated a “buy” rating and set a GBX 91 ($1.12) target price on shares of Sirius Real Estate in a report on Monday, June 1st.
About Sirius Real Estate
Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company’s core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company’s own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.
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