Shaftesbury Capital PLC (LON:SHC) Plans Dividend Increase – GBX 1.70 Per Share

Shaftesbury Capital PLC (LON:SHC) announced a dividend on Wednesday, July 31st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 22nd will be paid a dividend of GBX 1.70 ($0.02) per share on Tuesday, October 1st. This represents a dividend yield of 1.12%. The ex-dividend date is Thursday, August 22nd. This is a boost from Shaftesbury Capital’s previous dividend of $1.65. The official announcement can be seen at this link.

Shaftesbury Capital Price Performance

Shares of LON:SHC opened at GBX 152.20 ($1.96) on Thursday. The business’s 50-day moving average is GBX 144.32 and its 200 day moving average is GBX 137.98. Shaftesbury Capital has a 1 year low of GBX 101.90 ($1.31) and a 1 year high of GBX 156 ($2.01). The firm has a market capitalization of £2.97 billion, a P/E ratio of 338.44 and a beta of 1.13.

Analyst Upgrades and Downgrades

Separately, Citigroup reissued a “buy” rating on shares of Shaftesbury Capital in a research report on Monday, July 8th.

Shaftesbury Capital Company Profile

Shaftesbury Capital PLC ("Shaftesbury Capital") is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index. Our property portfolio, valued at £4.8 billion at December 2023, extends to 2.9 million square feet of lettable space across the most vibrant areas of London's West End.