Great Portland Estates PLC (LON:GPOR) announced a dividend on Wednesday, May 22nd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 30th will be given a dividend of GBX 7.90 ($0.10) per share on Monday, July 8th. This represents a yield of 1.03%. The ex-dividend date of this dividend is Thursday, May 30th. This is a positive change from Great Portland Estates’s previous dividend of $4.30. The official announcement can be accessed at this link.
Shares of GPOR traded up GBX 11 ($0.14) during mid-day trading on Friday, hitting GBX 712.80 ($9.31). The company’s stock had a trading volume of 914,916 shares, compared to its average volume of 972,322. The company has a debt-to-equity ratio of 14.58, a current ratio of 3.09 and a quick ratio of 2.97. The stock has a market capitalization of $1.92 billion and a P/E ratio of 41.68. Great Portland Estates has a 1-year low of GBX 647.40 ($8.46) and a 1-year high of GBX 777.60 ($10.16).
Several equities analysts recently weighed in on the company. Royal Bank of Canada assumed coverage on Great Portland Estates in a research note on Thursday, March 28th. They issued an “underperform” rating and a GBX 525 ($6.86) price objective for the company. Peel Hunt reissued a “hold” rating on shares of Great Portland Estates in a research report on Tuesday, May 14th. Berenberg Bank reissued a “sell” rating and set a GBX 600 ($7.84) price target on shares of Great Portland Estates in a research report on Friday, May 3rd. Deutsche Bank raised Great Portland Estates to a “buy” rating and raised their price target for the stock from GBX 720 ($9.41) to GBX 820 ($10.71) in a research report on Wednesday, April 24th. Finally, Liberum Capital reaffirmed a “hold” rating and issued a GBX 705 ($9.21) price objective on shares of Great Portland Estates in a research report on Wednesday, May 22nd. Six research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 660.55 ($8.63).
ILLEGAL ACTIVITY WARNING: This news story was published by Rockland Register and is the sole property of of Rockland Register. If you are accessing this news story on another domain, it was stolen and reposted in violation of United States & international trademark and copyright law. The original version of this news story can be viewed at https://rocklandregister.com/2019/06/14/great-portland-estates-plc-gpor-announces-dividend-of-gbx-7-90.html.
We are a FTSE 250 property investment and development company owning £2.6 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.
Featured Article: How Short Selling Works
Receive News & Ratings for Great Portland Estates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Portland Estates and related companies with MarketBeat.com's FREE daily email newsletter.