Residential Secure Income PLC (LON:RESI) declared a dividend on Wednesday, July 29th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 6th will be paid a dividend of GBX 1.25 ($0.02) per share on Friday, September 4th. This represents a dividend yield of 1.36%. The ex-dividend date is Thursday, August 6th. The official announcement can be accessed at this link.
Shares of LON:RESI traded up GBX 0.50 ($0.01) during midday trading on Thursday, reaching GBX 91.90 ($1.13). The company’s stock had a trading volume of 75,137 shares, compared to its average volume of 109,806. Residential Secure Income has a twelve month low of GBX 0.89 ($0.01) and a twelve month high of GBX 101 ($1.24). The firm has a market capitalization of $157.17 million and a PE ratio of 21.37. The stock has a fifty day moving average of GBX 91.37 and a 200 day moving average of GBX 91.98. The company has a quick ratio of 1.22, a current ratio of 3.04 and a debt-to-equity ratio of 75.33.
Separately, Berenberg Bank raised shares of Residential Secure Income to a “buy” rating and dropped their price target for the company from GBX 100 ($1.23) to GBX 90 ($1.11) in a research report on Wednesday, May 6th.
About Residential Secure Income
Residential Secure Income plc ("ReSI" or "the Company") is managed by ReSI Capital Management Limited (the "Fund Manager"), a wholly-owned and separately regulated subsidiary of TradeRisks Limited ("TradeRisks") – a financing adviser and debt arranger with a 17-year track record in the social housing sector.
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