Value and Indexed Property Income (LON:VIP) Announces Dividend of GBX 3.40

Value and Indexed Property Income (LON:VIP) announced a dividend on Wednesday, September 18th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be given a dividend of GBX 3.40 ($0.04) per share on Friday, October 25th. This represents a yield of 1.77%. The ex-dividend date is Thursday, September 26th. The official announcement can be viewed at this link.

Value and Indexed Property Income Price Performance

Shares of Value and Indexed Property Income stock opened at GBX 195 ($2.58) on Thursday. The stock has a market capitalization of £82.78 million, a P/E ratio of -1,066.67 and a beta of 0.99. The business has a 50 day simple moving average of GBX 191.02 and a two-hundred day simple moving average of GBX 184.27. Value and Indexed Property Income has a 12 month low of GBX 160 ($2.11) and a 12 month high of GBX 203 ($2.68). The company has a debt-to-equity ratio of 57.08, a current ratio of 0.99 and a quick ratio of 22.47.

Insider Activity at Value and Indexed Property Income

In other Value and Indexed Property Income news, insider Josephine Clare Valentine bought 13,500 shares of the stock in a transaction on Monday, July 22nd. The shares were bought at an average price of GBX 189 ($2.50) per share, with a total value of £25,515 ($33,705.42). 56.14% of the stock is owned by corporate insiders.

About Value and Indexed Property Income

Value and Income Trust plc is a closed-ended equity mutual fund launched by Value & Income Services Limited. The fund is co-managed by OLIM Ltd. and OLIM Property Limited. It invests in the public equity markets of the United Kingdom. The fund also invests in convertible securities. It seeks to invest in stocks of companies operating across diversified sectors.