1 day Ago By ABMN Staff
Derwent London Plc ( LON:DLN – Get Free Report )’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,234.02 ($29.
51) and traded as high as GBX 2,504 ($33.08). Derwent London shares last traded at GBX 2,450 ($32.
36), with a volume of 121,475 shares traded. Wall Street Analysts Forecast Growth Separately, Berenberg Bank increased their price objective on shares of Derwent London from GBX 2,494 ($32.95) to GBX 2,700 ($35.
67) and gave the company a “buy” rating in a research note on Wednesday, August 21st. Get Our Latest Research Report on Derwent London Derwent London Stock Performance Derwent London Cuts Dividend The business also recently declared a dividend, which will be paid on Friday, October 11th. Investors of record on Thursday, September 5th will be issued a GBX 25 ($0.
33) dividend. This represents a dividend yield of 1.1%.
The ex-dividend date is Thursday, September 5th. Derwent London’s dividend payout ratio (DPR) is currently -2,492.21%.
Derwent London Company Profile ( Get Free Report ) Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.
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