Aew Uk Reit (LON:AEWU) Stock Passes Above 50-Day Moving Average - Here's What Happened

Aew Uk Reit (LON:AEWU - Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 101.30 ($1.36) and traded as high as GBX 103.40 ($1.39). Aew Uk Reit shares last traded at GBX 103.20 ($1.38), with a volume of 251,970 shares trading hands.

Aew Uk Reit Price Performance

The company has a current ratio of 4.40, a quick ratio of 6.18 and a debt-to-equity ratio of 36.77. The firm has a market cap of £163.18 million, a price-to-earnings ratio of 18.04 and a beta of 0.61. The company has a 50 day moving average of GBX 101.40 and a 200 day moving average of GBX 99.80.

Aew Uk Reit Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, April 7th. Investors of record on Thursday, April 3rd were paid a dividend of GBX 2.50 ($0.03) per share. This represents a yield of 1.04%. This is a boost from Aew Uk Reit's previous dividend of $2.00. The ex-dividend date was Thursday, April 3rd. Aew Uk Reit's dividend payout ratio is presently 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.