abrdn European Logistics Income plc (LON:ASLI – Get Free Report) shot up 2.5% on Thursday . The stock traded as high as GBX 58.40 ($0.71) and last traded at GBX 58.40 ($0.71). 860,657 shares were traded during mid-day trading, a decline of 26% from the average session volume of 1,170,901 shares. The stock had previously closed at GBX 57 ($0.70).
abrdn European Logistics Income Stock Performance
The company has a market cap of £235.76 million, a price-to-earnings ratio of -336.47, a price-to-earnings-growth ratio of 9.27 and a beta of 0.38. The company has a debt-to-equity ratio of 72.97, a current ratio of 3.10 and a quick ratio of 4.22. The stock has a 50-day moving average price of GBX 58.40 and a 200 day moving average price of GBX 59.91.
abrdn European Logistics Income Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, December 5th were given a GBX 0.87 ($0.01) dividend. The ex-dividend date was Thursday, December 5th. This is a boost from abrdn European Logistics Income’s previous dividend of $0.77. This represents a dividend yield of 1.51%. abrdn European Logistics Income’s payout ratio is -2,941.18%.
About abrdn European Logistics Income
Capturing long-term income potential from logistics real estate in Europe
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