Empiric Student Property Plc (ESP) To Go Ex-Dividend on March 27th

Empiric Student Property Plc (LON:ESP) declared a dividend on Thursday, March 13th, DividendData.Co.Uk reports. Investors of record on Thursday, March 27th will be given a dividend of GBX 1.08 ($0.01) per share on Friday, April 11th. This represents a yield of 1.32%. The ex-dividend date is Thursday, March 27th. This is a 22.9% increase from Empiric Student Property’s previous dividend of $0.88. The official announcement can be seen at this link.

Empiric Student Property Price Performance

LON:ESP opened at GBX 83.45 ($1.08) on Tuesday. The company has a quick ratio of 1.06, a current ratio of 1.45 and a debt-to-equity ratio of 53.27. Empiric Student Property has a 12-month low of GBX 78.10 ($1.01) and a 12-month high of GBX 100 ($1.29). The stock’s 50 day moving average price is GBX 82.46 and its two-hundred day moving average price is GBX 87.96. The firm has a market capitalization of £552.79 million, a price-to-earnings ratio of 9.37, a P/E/G ratio of 2.03 and a beta of 1.05.

Empiric Student Property (LON:ESP) last released its quarterly earnings results on Friday, March 14th. The company reported GBX 4 ($0.05) earnings per share for the quarter. Empiric Student Property had a net margin of 65.69% and a return on equity of 7.23%. On average, analysts anticipate that Empiric Student Property will post 5.330033 earnings per share for the current year.

About Empiric Student Property

Empiric Student Property plc is a leading provider and operator of modern, predominantly direct-let, premium student accommodation serving key UK universities.
Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student® operating platform, that is attractive to affluent growing student segments.
The Company, an internally managed real estate investment trust (“REIT”) incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.