Residential Secure Income PLC to Issue Dividend of GBX 0.75 (RESI)
Residential Secure Income PLC (LON:RESI) declared a dividend on Thursday, February 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, February 15th will be given a dividend of GBX 0.75 ($0.01) per share on Friday, March 9th. This represents a dividend yield of 0.76%. The ex-dividend date is Thursday, February 15th. The official announcement can be viewed at this link.
Residential Secure Income (LON:RESI) traded down GBX 0.01 ($0.00) during mid-day trading on Wednesday, hitting GBX 99.19 ($1.37). The stock had a trading volume of 24,900 shares, compared to its average volume of 92,751. Residential Secure Income has a one year low of GBX 97 ($1.34) and a one year high of GBX 104.50 ($1.44).
Separately, Jefferies Group reaffirmed a “buy” rating and set a GBX 116 ($1.60) price objective on shares of Residential Secure Income in a research note on Thursday, January 18th.
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Residential Secure Income Plc is a United Kingdom-based social housing real estate investment trust (REIT). The Company is focused on investing in residential asset classes that comprise the stock of the United Kingdom social housing providers. It is focused on sectors, such as shared ownership housing; Private rental, temporary housing and university housing; supported housing, assisted living/sheltered housing and elderly care housing; and affordable and intermediate housing and other sub-market rental housing.
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