Residential Secure Income (LON:RESI) Trading Up 0.8%

Residential Secure Income (LON:RESI) shares were up 0.8% on Friday . The stock traded as high as GBX 54 ($0.68) and last traded at GBX 53.40 ($0.67). Approximately 211,071 shares traded hands during mid-day trading, an increase of 3% from the average daily volume of 204,434 shares. The stock had previously closed at GBX 53 ($0.67).

Residential Secure Income Stock Up 0.8 %

The company has a debt-to-equity ratio of 126.48, a quick ratio of 0.83 and a current ratio of 0.41. The stock has a market cap of £98.88 million, a price-to-earnings ratio of -410.77 and a beta of 0.17. The firm’s 50-day simple moving average is GBX 51.32 and its two-hundred day simple moving average is GBX 56.70.

Residential Secure Income Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, March 8th. Stockholders of record on Thursday, February 8th were paid a GBX 1.03 ($0.01) dividend. This represents a dividend yield of 1.99%. The ex-dividend date of this dividend was Thursday, February 8th. Residential Secure Income’s dividend payout ratio (DPR) is presently -3,076.92%.

About Residential Secure Income

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.