Balanced Commercial Property Trust (LON:BCPT) Shares Down 0.1% – Here’s Why

Balanced Commercial Property Trust Ltd (LON:BCPT) shares dropped 0.1% during mid-day trading on Thursday . The company traded as low as GBX 95.20 ($1.24) and last traded at GBX 95.35 ($1.24). Approximately 3,898,932 shares were traded during trading, an increase of 67% from the average daily volume of 2,330,225 shares. The stock had previously closed at GBX 95.40 ($1.24).

Balanced Commercial Property Trust Trading Down 0.1 %

The stock’s fifty day moving average price is GBX 93.05 and its 200 day moving average price is GBX 84.78. The stock has a market capitalization of £668.93 million, a P/E ratio of -1,362.14 and a beta of 0.91. The company has a debt-to-equity ratio of 35.24, a current ratio of 0.48 and a quick ratio of 5.66.

Balanced Commercial Property Trust Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were paid a dividend of GBX 0.44 ($0.01) per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a dividend yield of 0.51%. Balanced Commercial Property Trust’s dividend payout ratio is currently -7,142.86%.

Balanced Commercial Property Trust Company Profile

The trust is a vehicle for investors who wish to gain exposure to prime UK commercial property. It is a constituent of the FTSE 250 Index and aims to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified UK commercial property portfolio.