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

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 given a dividend of GBX 3.40 ($0.04) per share on Friday, October 25th. This represents a yield of 1.77%. The ex-dividend date is Thursday, September 26th. The official announcement can be seen at this link.

Value and Indexed Property Income Stock Performance

LON:VIP opened at GBX 195 ($2.58) on Thursday. The company has a debt-to-equity ratio of 57.08, a current ratio of 0.99 and a quick ratio of 22.47. The business has a fifty day simple moving average of GBX 191.02 and a two-hundred day simple moving average of GBX 184.27. Value and Indexed Property Income has a 1 year low of GBX 160 ($2.11) and a 1 year high of GBX 203 ($2.68). The company has a market capitalization of £82.78 million, a P/E ratio of -1,083.33 and a beta of 0.99.

Insiders Place Their Bets

In related news, insider Josephine Clare Valentine purchased 13,500 shares of Value and Indexed Property Income stock in a transaction dated Monday, July 22nd. The stock was bought at an average cost of GBX 189 ($2.50) per share, for a total transaction of £25,515 ($33,705.42). Company 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.