Josephine Clare Valentine, insider at Value and Indexed Property Income (LON:VIP – Get Free Report), bought 13,500 shares of the company on Monday, July 22. The shares were purchased at an average price of GBX189 ($2.44) per share, for a total transaction of £25,515 ($32,999.22).
Value and indexed real estate income increases by 0.3%
Value and Indexed Property Income shares opened at GBX 188 ($2.43) on Wednesday. Value and Indexed Property Income has a 52-week low of GBX 160 ($2.07) and a 52-week high of GBX 210 ($2.72). The company has a debt-to-equity ratio of 53.26, a quick ratio of 22.47 and a current ratio of 3.52. The company has a market capitalization of £80.24 million, a P/E ratio of -348.15 and a beta of 1.02. The company’s 50-day moving average is GBX 186.07 and its 200-day moving average is GBX 183.49.
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 of record on Thursday, June 27th will receive a dividend of GBX3.60 ($0.05), an increase from Value and Indexed Property Income’s previous dividend of $3.20, representing a yield of 1.96%. The ex-dividend date of this dividend is Thursday, June 27th. Value and Indexed Property Income’s payout ratio 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.
Further information
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