Aew Uk Reit (LON:AEWU) Shares Cross Below 50 Day Moving Average - Here's What Happened

Aew Uk Reit (LON:AEWU - Get Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 101.25 ($1.37) and traded as low as GBX 101 ($1.37). Aew Uk Reit shares last traded at GBX 102 ($1.38), with a volume of 569,464 shares trading hands.

Aew Uk Reit Stock Performance

The firm has a market capitalization of £162.86 million, a P/E ratio of 18.00 and a beta of 0.61. The business's 50 day moving average is GBX 101.29 and its two-hundred day moving average is GBX 100.28. The company has a quick ratio of 6.18, a current ratio of 4.40 and a debt-to-equity ratio of 36.77.

Aew Uk Reit Increases Dividend

The business also recently declared a dividend, which was paid on Monday, April 7th. Shareholders of record on Thursday, April 3rd were given a dividend of GBX 2.50 ($0.03) per share. This represents a dividend yield of 1.04%. This is an increase from Aew Uk Reit's previous dividend of $2.00. The ex-dividend date of this dividend was Thursday, April 3rd. Aew Uk Reit's payout ratio is 140.08%.

Aew Uk Reit Company Profile

AEW UK REIT invests in UK commercial property assets in strong locations, adopting a value investment strategy to deliver attractive returns for its shareholders. The Company invests in mispriced assets where it believes value can be created through asset management initiatives. AEW UK REIT assesses an asset's potential for investment returns based upon its own fundamental merits and is therefore unconstrained by sector. AEW UK REIT has provided investors with a stable dividend of 8p per share per annum, paid since Q1 2016.