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

Value and Indexed Property Income (LON:VIP) announced a dividend on Wednesday, September 18th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 26th will be paid a dividend of GBX 3.40 ($0.05) per share on Friday, October 25th. This represents a yield of 1.77%. The ex-dividend date of this dividend is Thursday, September 26th. The official announcement can be accessed at this link.

Value and Indexed Property Income Stock Up 1.4 %

Shares of VIP stock opened at GBX 192.15 ($2.56) on Tuesday. Value and Indexed Property Income has a 52-week low of GBX 160 ($2.14) and a 52-week high of GBX 203 ($2.71). The stock has a market cap of £81.57 million, a price-to-earnings ratio of -1,052.78 and a beta of 0.98. The firm’s 50-day moving average is GBX 191.07 and its 200-day moving average is GBX 184.50. The company has a debt-to-equity ratio of 57.08, a quick ratio of 22.47 and a current ratio of 0.99.

Insider Activity

In other Value and Indexed Property Income news, insider Josephine Clare Valentine purchased 13,500 shares of the company’s stock in a transaction that occurred on Monday, July 22nd. The shares were acquired at an average price of GBX 189 ($2.52) per share, for a total transaction of £25,515 ($34,056.33). Insiders own 56.14% of the company’s stock.

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.