Land Securities Group plc (LON:LAND) to Issue Dividend of GBX 9

Land Securities Group plc (LON:LANDGet Rating) declared a dividend on Tuesday, November 15th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 24th will be paid a dividend of GBX 9 ($0.11) per share on Tuesday, January 3rd. This represents a dividend yield of 1.44%. The ex-dividend date is Thursday, November 24th. This is a positive change from Land Securities Group’s previous dividend of $8.60. The official announcement can be accessed at this link.

Land Securities Group Trading Up 0.4 %

Shares of Land Securities Group stock opened at GBX 630.40 ($7.45) on Wednesday. The firm has a 50-day simple moving average of GBX 562.67 and a two-hundred day simple moving average of GBX 656.10. The company has a market cap of £4.69 billion and a P/E ratio of 541.71. Land Securities Group has a fifty-two week low of GBX 459.30 ($5.43) and a fifty-two week high of GBX 822.40 ($9.72). The company has a debt-to-equity ratio of 56.98, a quick ratio of 0.53 and a current ratio of 0.77.

Wall Street Analysts Forecast Growth

Separately, Barclays restated an “overweight” rating and set a GBX 780 ($9.22) price target on shares of Land Securities Group in a research report on Friday, September 23rd.

Land Securities Group Company Profile

(Get Rating)

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £11 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.

See Also

Dividend History for Land Securities Group (LON:LAND)

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