Aew Uk Reit (LON:AEWU) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Aew Uk Reit (LON:AEWU)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 100.60 ($1.32) and traded as high as GBX 101.60 ($1.33). Aew Uk Reit shares last traded at GBX 99.10 ($1.30), with a volume of 231,348 shares traded.

Aew Uk Reit Price Performance

The business’s 50-day simple moving average is GBX 100.60 and its 200 day simple moving average is GBX 98.76. The company has a current ratio of 4.40, a quick ratio of 6.18 and a debt-to-equity ratio of 36.77. The company has a market capitalization of £157.77 million, a P/E ratio of 17.44 and a beta of 0.61.

Aew Uk Reit Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, April 7th. Investors of record on Thursday, April 3rd will be paid a dividend of GBX 2.50 ($0.03) per share. The ex-dividend date is Thursday, April 3rd. This represents a yield of 1.04%. This is a boost from Aew Uk Reit’s previous dividend of $2.00. Aew Uk Reit’s dividend payout ratio (DPR) is currently 140.08%.

Aew Uk Reit Company Profile

AEW UK REIT invests in UK commercial property assets in strong locations, adopting a value investment strategy to deliver attractive returns for its shareholders.

The Company invests in mispriced assets where it believes value can be created through asset management initiatives. AEW UK REIT assesses an asset’s potential for investment returns based upon its own fundamental merits and is therefore unconstrained by sector.

AEW UK REIT has provided investors with a stable dividend of 8p per share per annum, paid since Q1 2016.