abrdn Property Income Trust Limited (LON:API - Get Free Report) announced a dividend on Thursday, May 2nd, Upcoming.Co.Uk reports. Investors of record on Thursday, May 16th will be given a dividend of GBX 1 ($0.01) per share on Friday, May 31st. This represents a dividend yield of 1.98%. The ex-dividend date is Thursday, May 16th. The official announcement can be seen at this link.
abrdn Property Income Trust Stock Up 1.0 %
Shares of API stock traded up GBX 0.50 ($0.01) during trading on Thursday, hitting GBX 51 ($0.64). 2,490,360 shares of the company were exchanged, compared to its average volume of 1,706,473. The company has a debt-to-equity ratio of 42.59, a quick ratio of 0.16 and a current ratio of 1.51. The firm has a market capitalization of £194.42 million, a price-to-earnings ratio of -221.74 and a beta of 0.31. The business's 50-day simple moving average is GBX 51.68 and its 200 day simple moving average is GBX 50.79. abrdn Property Income Trust has a twelve month low of GBX 44.15 ($0.55) and a twelve month high of GBX 57.90 ($0.73).
About abrdn Property Income Trust
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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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