abrdn European Logistics Income plc (LON:ASLI – Get Free Report) shot up 0.7% during trading on Monday . The company traded as high as GBX 61 ($0.77) and last traded at GBX 60.20 ($0.76). 896,026 shares traded hands during trading, a decline of 14% from the average session volume of 1,047,104 shares. The stock had previously closed at GBX 59.80 ($0.75).
abrdn European Logistics Income Trading Up 0.7 %
The firm’s fifty day moving average price is GBX 58.87 and its two-hundred day moving average price is GBX 59.54. The stock has a market capitalization of £298.17 million, a PE ratio of -4.48, a price-to-earnings-growth ratio of 9.27 and a beta of 0.38.
abrdn European Logistics Income Increases Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, December 5th were issued a GBX 0.87 ($0.01) dividend. This is a boost from abrdn European Logistics Income’s previous dividend of $0.77. The ex-dividend date of this dividend was Thursday, December 5th. This represents a yield of 1.51%. abrdn European Logistics Income’s payout ratio is presently -37.23%.
About abrdn European Logistics Income
Capturing long-term income potential from logistics real estate in Europe
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