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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
LON:RESI

Residential Secure Income (RESI) Share Price, News & Analysis

GBX 52.25
-0.75 (-1.42%)
(As of 04:47 AM ET)
Today's Range
52.25
53.13
50-Day Range
48.20
55.40
52-Week Range
48
72.20
Volume
99,077 shs
Average Volume
201,347 shs
Market Capitalization
£96.75 million
P/E Ratio
N/A
Dividend Yield
7.66%
Price Target
N/A
RESI stock logo

About Residential Secure Income Stock (LON:RESI)

Residential Secure Income plc (ReSI or the Company) (LSE: RESI) is a real estate investment trust (REIT) focused on delivering secure, inflation-linked returns in two sub-sectors in UK residential housing; independent retirement rentals and shared ownership, which are underpinned by an ageing demographic and untapped, strong demand for affordable homes. Our purpose is to deliver affordable, high-quality, safe homes with great customer service and long-term stability of tenure for residents. We achieve this through meeting demand from housing developers (housing associations, local authorities and private developers) for long-term investment partners to accelerate the development of socially and economically beneficial affordable housing. ReSI's subsidiary, ReSI Housing Limited (ReSI Housing), is registered as a for-profit Registered Provider of social housing, and so provides a unique proposition to its housing developer partners, being a long-term private sector landlord within the social housing regulatory environment. As a Registered Provider, ReSI Housing can acquire affordable housing subject to s106 planning restrictions and housing funded by government grant.

RESI Stock Price History

RESI Stock News Headlines

Investing in Property
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
See More Headlines
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Company Calendar

Ex-Dividend for 3/8 Dividend
2/08/2024
Dividend Payable
3/08/2024
Today
4/17/2024

Industry, Sector and Symbol

Industry
REIT - Residential
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
£-23,150,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£33.55 million
Cash Flow
GBX 5.41 per share
Book Value
GBX 91 per share

Miscellaneous

Free Float
N/A
Market Cap
£98.13 million
Optionable
Not Optionable
Beta
0.17
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Key Executives

  • Mr. Ben Fry
    Managing Director of Housing - Gresham House
  • Mr. Mike Adams
    Managing Director of Real Estate - Gresham House Plc
  • Mr. Chris Carter Keall B.Sc Hons
    MRICS, Head of Asset Management for Housing - Gresham House Plc
  • Mr. Rupert Robinson
    Managing Director of Gresham House
  • Ms. Heather Fleming
    Managing Director of Institutional Business

RESI Stock Analysis - Frequently Asked Questions

How have RESI shares performed in 2024?

Residential Secure Income's stock was trading at GBX 59 on January 1st, 2024. Since then, RESI shares have decreased by 11.4% and is now trading at GBX 52.25.
View the best growth stocks for 2024 here
.

How often does Residential Secure Income pay dividends? What is the dividend yield for Residential Secure Income?

Residential Secure Income announced a dividend on Wednesday, January 31st. Investors of record on Thursday, February 8th will be paid a dividend of GBX 1.03 per share on Friday, March 8th. This represents a yield of 1.99%. The ex-dividend date is Thursday, February 8th. The official announcement can be viewed at this link.
Read our dividend analysis for RESI
.

Is Residential Secure Income a good dividend stock?

Residential Secure Income (LON:RESI) pays an annual dividend of GBX 4 per share and currently has a dividend yield of 8.08%. RESI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for RESI.

What other stocks do shareholders of Residential Secure Income own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Residential Secure Income investors own include Tullow Oil (TLW), Legal & General Group (LGEN) and Barclays (BCS).

How do I buy shares of Residential Secure Income?

Shares of RESI stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:RESI) was last updated on 4/18/2024 by MarketBeat.com Staff

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