Alternative Income REIT (LON:AIRE) Declares GBX 1.43 Dividend

Alternative Income REIT (LON:AIRE) announced a dividend on Thursday, May 9th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 16th will be paid a dividend of GBX 1.43 ($0.02) per share on Friday, May 31st. This represents a yield of 2.07%. The ex-dividend date of this dividend is Thursday, May 16th. The official announcement can be seen at this link.

Alternative Income REIT Trading Up 1.3 %

Shares of AIRE opened at GBX 69.58 ($0.87) on Thursday. The stock’s fifty day simple moving average is GBX 67.19 and its 200 day simple moving average is GBX 67.53. The company has a current ratio of 3.27, a quick ratio of 2.07 and a debt-to-equity ratio of 62.06. The firm has a market capitalization of £56.02 million, a P/E ratio of 2,290.00 and a beta of 0.78. Alternative Income REIT has a twelve month low of GBX 54.60 ($0.69) and a twelve month high of GBX 75 ($0.94).

Alternative Income REIT Company Profile

Alternative Income REIT plc aims to generate a sustainable, secure and attractive income return for shareholders from a diversified portfolio of UK property investments, predominately in alternative and specialist sectors. The majority of the assets in the Group's portfolio are let on long leases which contain inflation linked rent review provisions.