Ground Rents Income Fund PLC (LON:GRIO) announced a dividend on Monday, July 6th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 16th will be paid a dividend of GBX 0.99 ($0.01) per share on Monday, August 10th. This represents a yield of 1.21%. The ex-dividend date is Thursday, July 16th. The official announcement can be viewed at this link.
Ground Rents Income Fund stock traded down GBX 0.25 ($0.00) during trading hours on Monday, hitting GBX 81.75 ($1.01). The company had a trading volume of 9,205 shares, compared to its average volume of 119,808. The firm has a market cap of $76.64 million and a PE ratio of -34.06. The company has a debt-to-equity ratio of 17.87, a current ratio of 2.57 and a quick ratio of 2.44. Ground Rents Income Fund has a one year low of GBX 0.69 ($0.01) and a one year high of GBX 95 ($1.17). The firm has a 50-day moving average of GBX 78.96 and a 200 day moving average of GBX 80.19.
About Ground Rents Income Fund
Ground Rents Income Fund PLC is a real estate investment trust externally managed by Braemar Estates (Residential) Ltd, Asset Management Arm. The firm invest in long dated United Kingdom ground rents. It acquire a portfolio of freeholds and head leases, offering the potential for income generation from ground rents, that is both secure and hedged against inflation, and the potential for capital growth from active asset management.
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