Value and Indexed Property Income (LON:VIP – Get Free Report) share price fell below its 50-day moving average on Friday. The stock has a 50-day moving average of GBX 185.91 ($2.35) and has traded as low as GBX 179 ($2.26). Value and Indexed Property Income shares last traded at GBX 186.50 ($2.36) with volume of 31,351 shares changing hands.
Value and indexed real estate income price development
The company has a market capitalization of £79.60 million, a price to earnings ratio of -345.37 and a beta of 1.02. The company’s 50-day moving average is GBX 185.91 and its 200-day moving average is GBX 184.21. The company has a current ratio of 3.52, a quick ratio of 22.47 and a debt-to-equity ratio of 53.26.
Value and indexed real estate income increase the dividend
The company also recently announced a dividend, which will be paid on Friday, July 26th. Shareholders on the share register on Thursday, June 27th will receive a dividend of £3.60 (US$0.05) per share. The ex-dividend date is Thursday, June 27th. This is an increase on Value and Indexed Property Income’s previous dividend of US$3.20. This equates to a dividend yield of 1.96%. Value and Indexed Property Income’s dividend payout ratio (DPR) is currently -2,407.41%.
About value and indexed real estate income
(Get free report)
Value and Income Trust plc is a closed-end equity fund established by Value & Income Services Limited. The fund is jointly managed by OLIM Ltd. and OLIM Property Limited. It invests in the UK public equity markets. The fund also invests in convertible securities. It seeks to invest in shares of companies operating in a variety of sectors.
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