British Land Company Plc (OTCMKTS:BTLCY) Declares Dividend of $0.10

British Land Company Plc (OTCMKTS:BTLCY – Get Rating) announced a dividend on Friday, June 17th, investing.com reports. Shareholders of record on Friday, June 24th will be paid a dividend of 0.1028 per share by the financial services provider on Monday, August 8th. This represents a yield of 3.23%. The ex-dividend date is Thursday, June 23rd.

Shares of BTLCY stock opened at $6.22 on Friday. British Land has a 1 year low of $5.87 and a 1 year high of $7.74. The stock’s 50 day simple moving average is $6.47 and its two-hundred day simple moving average is $6.91.

Several equities research analysts have recently weighed in on BTLCY shares. JPMorgan Chase & Co. increased their price target on British Land from GBX 650 ($7.89) to GBX 710 ($8.62) in a report on Friday, April 29th. Jefferies Financial Group upgraded British Land from an “underperform” rating to a “hold” rating in a report on Friday, March 25th. Morgan Stanley upgraded British Land from an “equal weight” rating to an “overweight” rating in a report on Monday, March 28th. Finally, Barclays upgraded British Land from an “underweight” rating to an “overweight” rating in a report on Tuesday, June 7th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $675.00.

About British Land (Get Rating)

Our portfolio of high quality UK commercial property is focused on London Offices and Retail around the UK. We own or manage a portfolio valued at £13.7bn (British Land share: £10.3bn) as at 30 September 2020 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer.

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