British Land Company Plc Announces Dividend of $0.10 (OTCMKTS:BTLCY)

British Land Company Plc (OTCMKTS:BTLCYGet Rating) announced a dividend on Tuesday, November 22nd, investing.com reports. Shareholders of record on Monday, November 28th will be given a dividend of 0.0968 per share by the financial services provider on Tuesday, January 17th. This represents a yield of 3.95%. The ex-dividend date is Friday, November 25th.

British Land Trading Up 0.2 %

Shares of BTLCY opened at $5.01 on Wednesday. The company’s fifty day moving average is $4.26 and its two-hundred day moving average is $5.24. British Land has a fifty-two week low of $3.54 and a fifty-two week high of $7.74. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.36.

Wall Street Analyst Weigh In

BTLCY has been the topic of a number of research analyst reports. JPMorgan Chase & Co. decreased their price target on shares of British Land from GBX 700 ($8.28) to GBX 530 ($6.27) in a report on Friday, September 16th. Panmure Gordon upgraded shares of British Land from a “hold” rating to a “buy” rating in a report on Wednesday. Liberum Capital lowered shares of British Land from a “buy” rating to a “hold” rating in a report on Friday, November 4th. The Goldman Sachs Group lowered shares of British Land from a “buy” rating to a “neutral” rating in a report on Thursday, September 15th. Finally, HSBC upgraded shares of British Land from a “hold” rating to a “buy” rating in a report on Monday, October 24th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $570.00.

British Land Company Profile

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Our portfolio of high quality UK commercial property is focused on London Offices and Retail around the UK. We own or manage a portfolio valued at £13.7bn (British Land share: £10.3bn) as at 30 September 2020 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer.

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Dividend History for British Land (OTCMKTS:BTLCY)

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