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SEGRO Plc (LON:SGRO) Declares Dividend Increase - GBX 20.20 Per Share

SEGRO logo with Real Estate background
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SEGRO Plc (LON:SGRO - Get Free Report) announced a dividend on Friday, February 14th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 20.20 ($0.26) per share by the real estate investment trust on Wednesday, May 14th. This represents a yield of 2.88%. The ex-dividend date is Thursday, March 27th. This is a 122.0% increase from SEGRO's previous dividend of $9.10. The official announcement can be viewed at this link.

SEGRO Trading Up 1.7 %

Shares of SGRO traded up GBX 11.60 ($0.15) during trading hours on Friday, reaching GBX 692.20 ($8.96). The stock had a trading volume of 9,759,595 shares, compared to its average volume of 13,577,983. The company has a market cap of £9.30 billion, a P/E ratio of -897.88, a P/E/G ratio of 2.12 and a beta of 0.79. SEGRO has a 52 week low of GBX 659.20 ($8.53) and a 52 week high of GBX 949 ($12.28). The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 42.10. The firm has a 50-day moving average of GBX 704.52 and a 200 day moving average of GBX 757.81.

SEGRO (LON:SGRO - Get Free Report) last announced its quarterly earnings results on Friday, February 14th. The real estate investment trust reported GBX 34.50 ($0.45) earnings per share (EPS) for the quarter. SEGRO had a negative return on equity of 0.09% and a negative net margin of 1.36%. On average, sell-side analysts expect that SEGRO will post 37.4077408 earnings per share for the current fiscal year.

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Insiders Place Their Bets

In other news, insider Soumen Das sold 73,234 shares of the business's stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of GBX 704 ($9.11), for a total value of £515,567.36 ($667,314.73). Corporate insiders own 0.33% of the company's stock.

About SEGRO

(Get Free Report)

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.

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Dividend History for SEGRO (LON:SGRO)

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