Warehouse REIT PLC (LON:WHR) to Issue Dividend Increase – GBX 1.50 Per Share

Warehouse REIT PLC (LON:WHR) announced a dividend on Tuesday, May 22nd, Upcoming.Co.Uk reports. Investors of record on Thursday, June 7th will be paid a dividend of GBX 1.50 ($0.02) per share on Friday, July 6th. This represents a dividend yield of 1.47%. The ex-dividend date is Thursday, June 7th. This is a boost from Warehouse REIT’s previous dividend of $1.00. The official announcement can be seen at this link.

Shares of Warehouse REIT traded up GBX 100.98 ($1.34), reaching GBX 102 ($1.36), during trading on Thursday, MarketBeat Ratings reports. 204,851 shares of the company were exchanged, compared to its average volume of 133,427. Warehouse REIT has a twelve month low of GBX 97 ($1.29) and a twelve month high of GBX 105.26 ($1.40).

Separately, Peel Hunt reissued a “buy” rating on shares of Warehouse REIT in a research note on Tuesday, May 22nd.

About Warehouse REIT

Warehouse REIT plc is a real estate investment trust. The firm invests in the real estate markets of United Kingdom. It makes investments in UK urban warehouses. Warehouse REIT Plc was founded in July 24, 2017 and is based in Chester, United Kingdom with an additional office in London, United Kingdom.

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