Alternative Income REIT (LON:AIRE) to Issue Dividend of GBX 1.55

Alternative Income REIT (LON:AIRE - Get Free Report) declared a dividend on Thursday, October 31st, Upcoming.Co.Uk reports. Investors of record on Thursday, November 7th will be paid a dividend of GBX 1.55 ($0.02) per share on Friday, November 22nd. This represents a dividend yield of 2.17%. The ex-dividend date is Thursday, November 7th. The official announcement can be seen at this link.

Alternative Income REIT Stock Up 0.4 %

Alternative Income REIT stock traded up GBX 0.30 ($0.00) during mid-day trading on Thursday, reaching GBX 71.80 ($0.93). 152,251 shares of the company's stock were exchanged, compared to its average volume of 98,103. The company has a fifty day moving average of GBX 71.22 and a 200-day moving average of GBX 69.63. The company has a market cap of £57.80 million, a P/E ratio of 2,393.33 and a beta of 0.80. The company has a quick ratio of 2.07, a current ratio of 3.27 and a debt-to-equity ratio of 62.06. Alternative Income REIT has a twelve month low of GBX 62.05 ($0.80) and a twelve month high of GBX 75 ($0.97).

About Alternative Income REIT

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.