Life Science REIT (LON:LABS) Declares GBX 1 Dividend

Life Science REIT (LON:LABSGet Free Report) announced a dividend on Tuesday, March 26th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 4th will be given a dividend of GBX 1 ($0.01) per share on Monday, May 13th. This represents a yield of 2.32%. The ex-dividend date of this dividend is Thursday, April 4th. The official announcement can be seen at this link.

Life Science REIT Price Performance

LON LABS opened at GBX 39 ($0.49) on Wednesday. The company has a 50 day simple moving average of GBX 47.56 and a 200-day simple moving average of GBX 59.09. The firm has a market capitalization of £136.50 million, a price-to-earnings ratio of -480.84 and a beta of 0.20. Life Science REIT has a 52-week low of GBX 38 ($0.48) and a 52-week high of GBX 77.40 ($0.97).

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 79 ($0.99) price objective on shares of Life Science REIT in a report on Friday, February 9th.

Read Our Latest Research Report on Life Science REIT

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