Land Securities Group (OTCMKTS:LDSCY) Trading 1.2% Higher – Should You Buy?

Shares of Land Securities Group Plc (OTCMKTS:LDSCY) were up 1.2% during trading on Thursday . The stock traded as high as $8.7899 and last traded at $8.75. Approximately 104,243 shares traded hands during trading, an increase of 129% from the average daily volume of 45,509 shares. The stock had previously closed at $8.65.

Land Securities Group Trading Down 0.0%

The stock’s fifty day moving average is $8.25 and its two-hundred day moving average is $8.07.

Land Securities Group Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, January 26th. Investors of record on Monday, December 1st will be paid a $0.0069 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a yield of 412.0%.

About Land Securities Group

Land Securities Group plc, commonly known as Landsec, is a leading UK-based real estate investment trust focused on commercial property development, investment and management. The company’s portfolio spans retail destinations, office buildings, leisure complexes and mixed-use urban schemes. Landsec leverages its in-house expertise in asset management, leasing and property operations to optimize occupancy and enhance the customer experience across its holdings.

Landsec’s core activities include the development of purpose-built office spaces designed to meet evolving tenant requirements, the repositioning of underperforming retail assets and the creation of destination leisure and entertainment districts.