Picton Property Income Limited (LON:PCTN) to Issue Dividend of GBX 0.93

Picton Property Income Limited (LON:PCTN - Get Free Report) announced a dividend on Wednesday, May 1st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 9th will be paid a dividend of GBX 0.93 ($0.01) per share on Friday, May 31st. This represents a dividend yield of 1.4%. The ex-dividend date is Thursday, May 9th. This is an increase from Picton Property Income's previous dividend of $0.88. The official announcement can be viewed at this link.

Picton Property Income Stock Down 1.2 %

Shares of PCTN traded down GBX 0.80 ($0.01) during midday trading on Wednesday, reaching GBX 65.50 ($0.82). The stock had a trading volume of 387,754 shares, compared to its average volume of 843,973. Picton Property Income has a 1-year low of GBX 60.30 ($0.76) and a 1-year high of GBX 80.40 ($1.01). The company's fifty day simple moving average is GBX 63.72 and its two-hundred day simple moving average is GBX 65.25. The company has a market cap of £357.13 million, a price-to-earnings ratio of -438.22 and a beta of 0.42. The company has a debt-to-equity ratio of 42.44, a current ratio of 2.19 and a quick ratio of 2.25.

Picton Property Income Company Profile

Picton, established in 2005, is a UK REIT. It owns and actively manages a £757 million diversified UK commercial property portfolio, invested across 49 assets and with around 400 occupiers (as at 30 September 2023). Through an occupier focused, opportunity led approach to asset management, Picton aims to be one of the consistently best performing diversified UK focused property companies listed on the main market of the London Stock Exchange.