abrdn Property Income Trust Limited (LON:API - Get Free Report) announced a dividend on Thursday, November 7th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 14th will be given a dividend of GBX 1 ($0.01) per share on Friday, November 29th. This represents a yield of 1.63%. The ex-dividend date of this dividend is Thursday, November 14th. The official announcement can be accessed at this link.
abrdn Property Income Trust Stock Performance
Shares of LON API remained flat at GBX 61.30 ($0.80) during midday trading on Thursday. 1,615,769 shares of the stock traded hands, compared to its average volume of 1,712,433. The company has a debt-to-equity ratio of 47.99, a quick ratio of 0.16 and a current ratio of 3.47. abrdn Property Income Trust has a 1-year low of GBX 46.10 ($0.60) and a 1-year high of GBX 63 ($0.82). The business has a fifty day simple moving average of GBX 59.42 and a two-hundred day simple moving average of GBX 55.08. The firm has a market cap of £233.69 million, a price-to-earnings ratio of -3,060.00 and a beta of 0.33.
Insider Activity
In related news, insider Jill May sold 128,592 shares of the company's stock in a transaction on Friday, October 11th. The stock was sold at an average price of GBX 61 ($0.79), for a total transaction of £78,441.12 ($102,110.28). Corporate insiders own 3.21% of the company's stock.
About abrdn Property Income Trust
(
Get Free Report)
The objective of abrdn Property Income Trust Limited is to provide shareholders with an attractive level of income together with the prospect of income and capital growth. The Board intends to achieve the investment objective by investing in a diversified portfolio of UK commercial properties in the industrial, office, retail and other' sectors, where other' includes leisure, data centres, student housing, hotels (and apart-hotels) and healthcare.
Read More
Before you consider abrdn Property Income Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and abrdn Property Income Trust wasn't on the list.
While abrdn Property Income Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
