SEGRO Plc (LON:SGRO) Insider Sells £515,567.36 in Stock

SEGRO Plc (LON:SGRO) insider Soumen Das sold 73,234 shares of the stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of GBX 704 ($9.11), for a total value of £515,567.36 ($667,314.73).

SEGRO Price Performance

LON:SGRO opened at GBX 692.20 ($8.96) on Friday. The stock has a market capitalization of £9.30 billion, a PE ratio of -897.88, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. SEGRO Plc has a 52 week low of GBX 659.20 ($8.53) and a 52 week high of GBX 949 ($12.28). The stock’s 50-day moving average price is GBX 704.52 and its 200-day moving average price is GBX 757.81. The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 42.10.

SEGRO (LON:SGRO) last issued its earnings results on Friday, February 14th. The real estate investment trust reported GBX 34.50 ($0.45) EPS for the quarter. SEGRO had a negative net margin of 1.36% and a negative return on equity of 0.09%. As a group, equities analysts expect that SEGRO Plc will post 37.4077408 EPS for the current fiscal year.

SEGRO Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 14th. Investors of record on Thursday, March 27th will be issued a GBX 20.20 ($0.26) dividend. This represents a yield of 2.88%. The ex-dividend date is Thursday, March 27th. This is an increase from SEGRO’s previous dividend of $9.10. SEGRO’s dividend payout ratio (DPR) is -3,632.01%.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.