Safestore Holdings Plc (LON:SAFE) announced a dividend on Thursday, June 18th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 9th will be given a dividend of GBX 5.90 ($0.07) per share on Friday, August 14th. This represents a yield of 0.77%. The ex-dividend date is Thursday, July 9th. The official announcement can be accessed at this link.
Shares of SAFE stock opened at GBX 769.50 ($9.47) on Tuesday. The company has a market cap of $1.59 billion and a price-to-earnings ratio of 8.69. Safestore has a 52 week low of GBX 501 ($6.17) and a 52 week high of GBX 886.89 ($10.91). The company has a quick ratio of 0.65, a current ratio of 0.67 and a debt-to-equity ratio of 54.52. The firm has a 50 day moving average of GBX 701.20 and a 200-day moving average of GBX 735.16.
A number of brokerages recently issued reports on SAFE. Peel Hunt reiterated a “hold” rating on shares of Safestore in a report on Thursday, June 18th. Jefferies Financial Group upgraded Safestore to a “buy” rating in a report on Thursday, April 2nd. Liberum Capital reiterated a “hold” rating on shares of Safestore in a report on Thursday, June 18th. Finally, Berenberg Bank cut Safestore to a “hold” rating in a report on Friday, June 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. Safestore presently has a consensus rating of “Hold” and a consensus target price of GBX 755 ($9.29).
Safestore Company Profile
UK's largest self storage group with 146 stores Safestore has 119 self storage centres in the UK including two business centres and a further 27 stores in the Paris region. Safestore was founded in the UK in 1998. It acquired the French business Une Pièce en Plus in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli.
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