Shaftesbury Capital PLC (LON:SHC) to Issue Dividend Increase - GBX 1.80 Per Share

Shaftesbury Capital PLC (LON:SHC - Get Free Report) announced a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be paid a dividend of GBX 1.80 ($0.02) per share on Friday, May 30th. This represents a yield of 1.54%. The ex-dividend date is Thursday, April 24th. This is a 5.9% increase from Shaftesbury Capital's previous dividend of $1.70. The official announcement can be seen at this link.

Shaftesbury Capital Stock Down 0.0 %

Shaftesbury Capital stock traded down GBX 0 ($0.00) during mid-day trading on Friday, hitting GBX 129.50 ($1.72). 2,390,995 shares of the stock were exchanged, compared to its average volume of 9,541,376. The stock has a market capitalization of £2.51 billion, a price-to-earnings ratio of 63.00 and a beta of 1.15. Shaftesbury Capital has a 12 month low of GBX 111.60 ($1.49) and a 12 month high of GBX 156.30 ($2.08). The firm's fifty day simple moving average is GBX 122.43 and its two-hundred day simple moving average is GBX 127.51.

Shaftesbury Capital (LON:SHC - Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported GBX 4 ($0.05) earnings per share for the quarter. Shaftesbury Capital had a net margin of 16.37% and a return on equity of 1.07%. As a group, analysts forecast that Shaftesbury Capital will post 5.0712105 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Madeleine Cosgrave acquired 40,000 shares of Shaftesbury Capital stock in a transaction on Friday, March 28th. The stock was purchased at an average price of GBX 127 ($1.69) per share, with a total value of £50,800 ($67,643.14). 1.71% of the stock is owned by company insiders.

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, extends to 2.7 million square feet of lettable space across the most vibrant areas of London's West End. With a diverse mix of shops, restaurants, cafés, bars, residential apartments and offices, our destinations include the high footfall, thriving neighbourhoods of Covent Garden, Carnaby, Soho and Chinatown.