Hansteen Holdings plc (LON:HSTN) Declares Dividend Increase – GBX 3.80 Per Share

Hansteen Holdings plc (LON:HSTN) declared a dividend on Monday, March 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 4th will be paid a dividend of GBX 3.80 ($0.05) per share by the real estate investment trust on Friday, May 17th. This represents a dividend yield of 3.96%. The ex-dividend date is Thursday, April 4th. This is a positive change from Hansteen’s previous dividend of $2.40. The official announcement can be accessed at this link.

Shares of Hansteen stock traded down GBX 1.40 ($0.02) on Friday, reaching GBX 91.30 ($1.19). 1,121,548 shares of the stock were exchanged, compared to its average volume of 1,520,000. Hansteen has a 1-year low of GBX 85.60 ($1.12) and a 1-year high of GBX 133.80 ($1.75). The company has a quick ratio of 2.95, a current ratio of 3.63 and a debt-to-equity ratio of 52.97. The firm has a market cap of $387.24 million and a price-to-earnings ratio of 6.86.

HSTN has been the topic of a number of recent analyst reports. Liberum Capital reiterated a “hold” rating on shares of Hansteen in a research note on Wednesday, January 9th. Peel Hunt restated an “add” rating on shares of Hansteen in a research report on Tuesday, February 19th. Finally, Numis Securities restated a “hold” rating and set a GBX 95 ($1.24) target price on shares of Hansteen in a research report on Monday, March 25th.

In other Hansteen news, insider Ian Richard Watson sold 391,846 shares of the company’s stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of GBX 94 ($1.23), for a total transaction of £368,335.24 ($481,295.23).

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Hansteen Company Profile

Hansteen Holdings PLC is a company which is incorporated in the United Kingdom under the Companies Act 2006. The address of the registered office is 1st Floor, Pegasus House, 37-43 Sackville Street, London, W1S 3DL. The Group's principal activities are those of a property group investing mainly in industrial properties in Continental Europe and the United Kingdom.

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Dividend History for Hansteen (LON:HSTN)

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