Safestore Holdings Plc (SAFE) Raises Dividend to GBX 9.80 Per Share

Safestore Holdings Plc (LON:SAFE) announced a dividend on Tuesday, January 9th, Upcoming.Co.Uk reports. Investors of record on Thursday, March 8th will be given a dividend of GBX 9.80 ($0.14) per share on Friday, April 6th. This represents a yield of 2.02%. The ex-dividend date of this dividend is Thursday, March 8th. This is a boost from Safestore’s previous dividend of $4.20. The official announcement can be seen at this link.

Safestore stock opened at GBX 512 ($7.07) on Thursday. Safestore has a 52 week low of GBX 360 ($4.97) and a 52 week high of GBX 528 ($7.29). The stock has a market capitalization of $1,100.00 and a PE ratio of 1,383.78.

In other news, insider Andy Jones sold 58,583 shares of the company’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of GBX 496 ($6.85), for a total transaction of £290,571.68 ($401,453.00).

A number of research firms have issued reports on SAFE. Berenberg Bank boosted their target price on Safestore from GBX 465 ($6.42) to GBX 550 ($7.60) and gave the company a “buy” rating in a research note on Wednesday, January 17th. Numis Securities reissued an “add” rating and issued a GBX 543 ($7.50) target price on shares of Safestore in a research note on Thursday, January 11th. Liberum Capital boosted their target price on Safestore from GBX 500 ($6.91) to GBX 560 ($7.74) and gave the company a “buy” rating in a research note on Monday, January 8th. Finally, Jefferies Group upped their price objective on Safestore from GBX 398 ($5.50) to GBX 495 ($6.84) and gave the stock a “hold” rating in a research report on Thursday, January 11th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of GBX 515.83 ($7.13).

WARNING: This report was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this report on another site, it was illegally copied and reposted in violation of US and international trademark and copyright law. The correct version of this report can be viewed at

About Safestore

Safestore Holdings plc is a United Kingdom-based real estate investment trust. The Company and its subsidiaries provide self-storage facilities to customers throughout the United Kingdom and Paris. The Company’s geographical segments include the United Kingdom and France. The Company’s portfolio includes London and South East, Rest of United Kingdom and Paris.

Dividend History for Safestore (LON:SAFE)

Receive News & Ratings for Safestore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safestore and related companies with's FREE daily email newsletter.

Leave a Reply