Value and Indexed Property Income (LON:VIP) Announces Earnings Results

Value and Indexed Property Income (LON:VIP) posted its quarterly earnings data on Wednesday. The company reported GBX 7.35 ($0.10) EPS for the quarter, Digital Look Earnings reports. Value and Indexed Property Income had a net margin of 73.71% and a return on equity of 4.55%.

Value and Indexed Property Income Stock Performance

Value and Indexed Property Income stock opened at GBX 202.40 ($2.76) on Friday. Value and Indexed Property Income has a twelve month low of GBX 168.50 ($2.29) and a twelve month high of GBX 210 ($2.86). The company has a quick ratio of 22.47, a current ratio of 2.84 and a debt-to-equity ratio of 67.96. The company has a market capitalization of £86.71 million, a P/E ratio of 20.65 and a beta of 0.98. The stock’s 50 day moving average is GBX 194.23 and its 200 day moving average is GBX 189.44.

Value and Indexed Property Income Announces Dividend

The business also recently declared a dividend, which was paid on Friday, April 25th. Stockholders of record on Thursday, March 27th were given a GBX 3.40 ($0.05) dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a dividend yield of 1.81%. Value and Indexed Property Income’s dividend payout ratio is currently 132.64%.

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.