Balanced Commercial Property Trust (LON:BCPT) Hits New 52-Week High at $96.00

Balanced Commercial Property Trust Ltd (LON:BCPT)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 96 ($1.26) and last traded at GBX 95.20 ($1.24), with a volume of 74453 shares changing hands. The stock had previously closed at GBX 94.90 ($1.24).

Balanced Commercial Property Trust Stock Down 0.3 %

The business has a fifty day simple moving average of GBX 86.48 and a 200 day simple moving average of GBX 81.44. The firm has a market cap of £664.37 million, a price-to-earnings ratio of -365.38 and a beta of 0.86. The company has a debt-to-equity ratio of 37.65, a current ratio of 3.43 and a quick ratio of 5.66.

Balanced Commercial Property Trust Announces Dividend

The company also recently announced a dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were issued 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 payout ratio is currently -1,923.08%.

About Balanced Commercial Property Trust

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.