Value and Indexed Property Income (LON:VIP) Announces GBX 3.40 Dividend

Value and Indexed Property Income (LON:VIP) declared a dividend on Tuesday, November 26th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, March 27th will be paid a dividend of GBX 3.40 ($0.04) per share on Friday, April 25th. This represents a dividend yield of 1.8%. The ex-dividend date is Thursday, March 27th. The official announcement can be viewed at this link.

Value and Indexed Property Income Stock Up 0.4 %

VIP stock opened at GBX 188.80 ($2.44) on Tuesday. The business’s 50-day simple moving average is GBX 187.45 and its 200 day simple moving average is GBX 186.74. The company has a quick ratio of 22.47, a current ratio of 2.84 and a debt-to-equity ratio of 67.96. The company has a market cap of £80.89 million, a PE ratio of 19.26 and a beta of 0.98. Value and Indexed Property Income has a twelve month low of GBX 160 ($2.07) and a twelve month high of GBX 197.91 ($2.56).

About Value and Indexed Property Income

Value and Income Trust plc is a closed-ended equity mutual fund launched by Value & Income Services Limited. The fund is co-managed by OLIM Ltd. and OLIM Property Limited. It invests in the public equity markets of the United Kingdom. The fund also invests in convertible securities. It seeks to invest in stocks of companies operating across diversified sectors.