Regional REIT’s (RGL) Buy Rating Reaffirmed at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Regional REIT (LON:RGL) in a report published on Thursday morning.

Shares of LON:RGL traded up GBX 0.90 ($0.01) during trading on Thursday, reaching GBX 97.50 ($1.27). The stock had a trading volume of 450,083 shares, compared to its average volume of 475,818. Regional REIT has a 1-year low of GBX 97 ($1.27) and a 1-year high of GBX 107.50 ($1.40).

The company also recently declared a dividend, which will be paid on Friday, December 21st. Stockholders of record on Thursday, November 22nd will be paid a GBX 1.85 ($0.02) dividend. This represents a dividend yield of 1.84%. The ex-dividend date is Thursday, November 22nd.

In other news, insider Frances Daley purchased 30,000 shares of the stock in a transaction dated Wednesday, October 10th. The shares were purchased at an average cost of GBX 101 ($1.32) per share, with a total value of £30,300 ($39,592.32).

About Regional REIT

Regional REIT Limited (Regional REIT) is a United Kingdom-based real estate investment trust (REIT). The Company operates through four segments: Industrial, Office, Retail and Residential. The Company’s commercial property portfolio is in the United Kingdom and comprises offices and industrial units located in the regional centers of the United Kingdom outside of the M25 motorway.

Further Reading: Stock Symbols and CUSIP Explained

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