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Schroder European Real Estate Investment Trust (LON:SERE) Shares Up 0.6% - Here's Why

Schroder European Real Estate Investment Trust logo with Real Estate background

Schroder European Real Estate Investment Trust Plc (LON:SERE - Get Free Report) shares traded up 0.6% on Tuesday . The company traded as high as GBX 70.20 ($0.95) and last traded at GBX 68.80 ($0.93). 47,053 shares were traded during trading, a decline of 76% from the average session volume of 194,201 shares. The stock had previously closed at GBX 68.40 ($0.93).

Schroder European Real Estate Investment Trust Stock Performance

The company has a market capitalization of £107.49 million, a PE ratio of -37.27 and a beta of 0.60. The firm's 50-day simple moving average is GBX 66.32 and its 200-day simple moving average is GBX 65.98.

Schroder European Real Estate Investment Trust Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, May 15th. Investors of record on Thursday, April 10th were issued a €0.01 ($0.02) dividend. The ex-dividend date was Thursday, April 10th. This represents a dividend yield of 1.83%. Schroder European Real Estate Investment Trust's payout ratio is -276.49%.

About Schroder European Real Estate Investment Trust

(Get Free Report)

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.

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