Value and Indexed Property Income Trust (LON:VIP) Stock Price Passes Above 50-Day Moving Average of $176.09

Value and Indexed Property Income Trust Plc (LON:VIP)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 176.09 ($2.21) and traded as high as GBX 190 ($2.39). Value and Indexed Property Income Trust shares last traded at GBX 186 ($2.34), with a volume of 9,142 shares traded.

Value and Indexed Property Income Trust Trading Down 0.3 %

The company has a current ratio of 3.52, a quick ratio of 22.47 and a debt-to-equity ratio of 53.26. The company has a 50-day simple moving average of GBX 176.09 and a 200 day simple moving average of GBX 182.56. The firm has a market cap of £79.38 million, a PE ratio of -344.44 and a beta of 1.02.

Value and Indexed Property Income Trust Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, April 26th. Stockholders of record on Thursday, March 28th were given a dividend of GBX 3.20 ($0.04) per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a dividend yield of 1.83%. Value and Indexed Property Income Trust’s dividend payout ratio (DPR) is -2,407.41%.

Value and Indexed Property Income Trust Company Profile

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.