Alternative Income REIT (LON:AIRE) Declares Dividend of GBX 1.43

Alternative Income REIT (LON:AIRE - Get Free Report) declared a dividend on Thursday, May 9th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 16th will be paid a dividend of GBX 1.43 ($0.02) per share on Friday, May 31st. This represents a yield of 2.07%. The ex-dividend date of this dividend is Thursday, May 16th. The official announcement can be accessed at this link.

Alternative Income REIT Trading Up 0.1 %

Shares of AIRE stock traded up GBX 0.10 ($0.00) during mid-day trading on Thursday, reaching GBX 68.80 ($0.86). 235,917 shares of the stock traded hands, compared to its average volume of 93,463. The stock's fifty day simple moving average is GBX 67.28 and its two-hundred day simple moving average is GBX 67.54. 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 has a 1-year low of GBX 54.60 ($0.69) and a 1-year high of GBX 75 ($0.94). The company has a market cap of £55.38 million, a price-to-earnings ratio of 2,293.33 and a beta of 0.78.

About Alternative Income REIT

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.