Schroder European Real Estate Investment Trust Plc (LON:SERE) to Issue Dividend of €0.01

Schroder European Real Estate Investment Trust Plc (LON:SERE) declared a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 10th will be given a dividend of €0.01 ($0.02) per share on Thursday, May 15th. This represents a dividend yield of 1.83%. The ex-dividend date is Thursday, April 10th. The official announcement can be accessed at this link.

Schroder European Real Estate Investment Trust Stock Performance

SERE stock traded down GBX 1.20 ($0.02) on Tuesday, hitting GBX 66.40 ($0.86). 276,979 shares of the company’s stock were exchanged, compared to its average volume of 213,308. Schroder European Real Estate Investment Trust has a 12-month low of GBX 58.40 ($0.76) and a 12-month high of GBX 74 ($0.96). The firm has a 50 day moving average price of GBX 65.50 and a two-hundred day moving average price of GBX 67.31. The stock has a market cap of £105.89 million, a P/E ratio of -36.72 and a beta of 0.60.

About Schroder European Real Estate Investment Trust

The investment objective of the Company is to provide Shareholders with a regular and attractive level of income return together with the potential for long term income and capital growth through investing in commercial real estate in Continental Europe.