Picton Property Income Limited Announces Dividend of GBX 0.93 (LON:PCTN)

Posted by Tyrone Williams on Jul 31st, 2024

Picton Property Income Limited (LON:PCTN – Get Free Report) declared a dividend on Wednesday, July 31st, Upcoming.Co.Uk reports. Investors of record on Thursday, August 8th will be paid a dividend of GBX 0.93 ($0.01) per share on Friday, August 30th. This represents a yield of 1.27%. The ex-dividend date of this dividend is Thursday, August 8th. The official announcement can be viewed at this link.

Picton Property Income Trading Up 0.4 %

LON PCTN opened at GBX 73.20 ($0.94) on Wednesday. Picton Property Income has a 12 month low of GBX 60.30 ($0.78) and a 12 month high of GBX 74.60 ($0.96). The company has a current ratio of 2.19, a quick ratio of 2.25 and a debt-to-equity ratio of 42.44. The firm has a market capitalization of £399.11 million, a PE ratio of -488.67 and a beta of 0.41. The business’s 50-day moving average price is GBX 68.37 and its two-hundred day moving average price is GBX 65.94.

Insider Buying and Selling at Picton Property Income

In other news, insider Michael Morris sold 168,541 shares of the business’s stock in a transaction that occurred on Tuesday, June 25th. The shares were sold at an average price of GBX 67 ($0.86), for a total value of £112,922.47 ($145,256.59). Insiders own 0.70% of the company’s stock.

About Picton Property Income

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Picton, established in 2005, is a UK REIT. It owns and actively manages a £757 million diversified UK commercial property portfolio, invested across 49 assets and with around 400 occupiers (as at 30 September 2023). Through an occupier focused, opportunity led approach to asset management, Picton aims to be one of the consistently best performing diversified UK focused property companies listed on the main market of the London Stock Exchange.