British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Declares $0.09 Dividend

British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) declared a dividend on Tuesday, June 17th, investing.com reports. Stockholders of record on Monday, June 23rd will be paid a dividend of 0.0946 per share by the financial services provider on Monday, August 4th. This represents a dividend yield of 3.81%. The ex-dividend date of this dividend is Friday, June 20th.

British Land Stock Performance

Shares of OTCMKTS:BTLCY opened at $5.19 on Wednesday. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.42. The stock has a fifty day moving average of $5.16 and a 200-day moving average of $4.76. British Land has a one year low of $4.13 and a one year high of $6.31.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets lowered British Land from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 30th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

About British Land

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.