abrdn Property Income Trust Limited (LON:API – Get Free Report) announced a dividend on Thursday, November 7th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 14th will be given a dividend of GBX 1 ($0.01) per share on Friday, November 29th. This represents a yield of 1.63%. The ex-dividend date is Thursday, November 14th. The official announcement can be viewed at this link.
abrdn Property Income Trust Trading Down 0.2 %
Shares of abrdn Property Income Trust stock opened at GBX 61.20 ($0.80) on Thursday. The company’s fifty day simple moving average is GBX 59.42 and its 200-day simple moving average is GBX 55.08. The stock has a market capitalization of £233.31 million, a PE ratio of -3,060.00 and a beta of 0.33. abrdn Property Income Trust has a 1-year low of GBX 46.10 ($0.60) and a 1-year high of GBX 63 ($0.82). The company has a debt-to-equity ratio of 47.99, a current ratio of 3.47 and a quick ratio of 0.16.
Insider Transactions at abrdn Property Income Trust
In other news, insider Jill May sold 128,592 shares of abrdn Property Income Trust stock in a transaction on Friday, October 11th. The shares were sold at an average price of GBX 61 ($0.79), for a total transaction of £78,441.12 ($102,110.28). Corporate insiders own 3.21% of the company’s stock.
About abrdn Property Income Trust
The objective of abrdn Property Income Trust Limited is to provide shareholders with an attractive level of income together with the prospect of income and capital growth. The Board intends to achieve the investment objective by investing in a diversified portfolio of UK commercial properties in the industrial, office, retail and other' sectors, where other' includes leisure, data centres, student housing, hotels (and apart-hotels) and healthcare.
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