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Residential Secure Income (LON:RESI) Shares Down 1.7% - What's Next?

Residential Secure Income logo with Real Estate background

Residential Secure Income plc (LON:RESI - Get Free Report) traded down 1.7% during trading on Tuesday . The stock traded as low as GBX 57.46 ($0.73) and last traded at GBX 58 ($0.73). 186,360 shares traded hands during trading, a decline of 40% from the average session volume of 308,628 shares. The stock had previously closed at GBX 59 ($0.75).

Residential Secure Income Price Performance

The firm has a market capitalization of £105.80 million, a PE ratio of -10.53 and a beta of 0.21. The company's fifty day simple moving average is GBX 57.80 and its 200 day simple moving average is GBX 56.66.

Residential Secure Income (LON:RESI - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The company reported GBX (5.40) (($0.07)) EPS for the quarter. Residential Secure Income had a negative net margin of 32.98% and a negative return on equity of 6.58%. On average, analysts anticipate that Residential Secure Income plc will post 6.1000003 earnings per share for the current fiscal year.

Residential Secure Income Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Thursday, January 30th will be issued a GBX 1.03 ($0.01) dividend. This represents a dividend yield of 1.79%. The ex-dividend date of this dividend is Thursday, January 30th. Residential Secure Income's payout ratio is -72.40%.

Residential Secure Income Company Profile

(Get Free Report)

Residential Secure Income plc (ReSI or the Company) LSE: RESI is a real estate investment trust (REIT) focused on delivering secure, inflation-linked returns in two sub-sectors in UK residential housing; independent retirement rentals and shared ownership, which are underpinned by an ageing demographic and untapped, strong demand for affordable homes.

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