Alternative Income REIT (AIRE) To Go Ex-Dividend on November 7th

Alternative Income REIT (LON:AIRE) announced a dividend on Thursday, October 31st, Upcoming.Co.Uk reports. Investors of record on Thursday, November 7th will be given a dividend of GBX 1.55 ($0.02) per share on Friday, November 22nd. This represents a yield of 2.17%. The ex-dividend date of this dividend is Thursday, November 7th. The official announcement can be seen at this link.

Alternative Income REIT Price Performance

AIRE stock opened at GBX 71.60 ($0.93) on Friday. The business has a 50 day moving average price of GBX 71.22 and a 200 day moving average price of GBX 69.64. The stock has a market cap of £57.64 million, a price-to-earnings ratio of 2,386.67 and a beta of 0.80. Alternative Income REIT has a fifty-two week low of GBX 62.40 ($0.81) and a fifty-two week high of GBX 75 ($0.97). The company has a quick ratio of 2.07, a current ratio of 3.27 and a debt-to-equity ratio of 62.06.

Alternative Income REIT Company Profile

Alternative Income REIT plc aims to generate a sustainable, secure and attractive income return for shareholders from a diversified portfolio of UK property investments, predominately in alternative and specialist sectors. The majority of the assets in the Group's portfolio are let on long leases which contain inflation linked rent review provisions.