|Bid||617.00 x 0|
|Ask||618.00 x 0|
|Day's range||612.50 - 626.00|
|52-week range||499.00 - 674.50|
|Beta (5Y monthly)||0.87|
|PE ratio (TTM)||N/A|
|Earnings date||30 Nov 2021|
|Forward dividend & yield||0.06 (1.05%)|
|Ex-dividend date||13 Jan 2022|
|1y target est||626.67|
"There has been great progress on Shaftesbury's road to recovery in recent months," Chief Executive Officer Brian Bickell said in a statement, adding that "although there is still further to travel before certainty and confidence fully returns". Shaftesbury, which owns about 600 buildings in the heart of London's West End, said loss after tax for the year ended Sept. 30 narrowed to 194.9 million pounds ($259.59 million), from 699.5 million pounds and recommended a final dividend of 4 pence per share. Earlier this month, UK commercial property heavyweights Land Securities Plc and British Land Plc swung back to half-year profit, partly helped by strong rents at their core office portfolios.
For many, the main point of investing is to generate higher returns than the overall market. But the main game is to...
Shaftesbury is counting on a return of office workers to boost the value of its West End portfolio as a resurgence in tourist visitors begins to drive activity at weekends.