Urban Logistics REIT Declares Interim Dividend

Urban Logistics REIT plc ( (GB:SHED) ) has provided an announcement.

Urban Logistics REIT plc has announced an interim dividend of 4.35 pence per ordinary share for the second half of the financial year ending 31 March 2025. This brings the total dividends for the year to 7.60 pence per share, reflecting the company’s commitment to providing returns to its shareholders and potentially strengthening its position in the logistics real estate market.

The most recent analyst rating on (GB:SHED) stock is a Buy with a £136.00 price target. To see the full list of analyst forecasts on Urban Logistics REIT plc stock, see the GB:SHED Stock Forecast page.

Spark’s Take on GB:SHED Stock

According to Spark, TipRanks’ AI Analyst, GB:SHED is a Outperform.

Urban Logistics REIT plc scores well due to strong revenue growth, high gross profit margins, and strategic corporate actions like potential acquisitions and effective asset management. While technical indicators are bullish, valuation concerns due to a high P/E ratio and inconsistent profitability slightly temper the outlook. Nonetheless, the stock remains appealing due to its dividend yield and strategic initiatives.

To see Spark’s full report on GB:SHED stock, click here.

More about Urban Logistics REIT plc

Urban Logistics REIT plc is a real estate investment trust that specializes in ‘last mile’ logistics, focusing on properties that facilitate the final stage of delivery in the logistics chain.

Average Trading Volume: 5,479,348

Technical Sentiment Signal: Buy

Current Market Cap: £719M

Learn more about SHED stock on TipRanks’ Stock Analysis page.