Value and Indexed Property Income (LON:VIP) to Issue Dividend of GBX 3.40

Value and Indexed Property Income (LON:VIP) declared a dividend on Wednesday, November 26th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, March 27th will be paid a dividend of GBX 3.40 ($0.04) per share on Friday, April 25th. This represents a yield of 1.81%. The ex-dividend date of this dividend is Thursday, March 27th. The official announcement can be seen at this link.

Value and Indexed Property Income Stock Performance

LON VIP opened at GBX 188.80 ($2.44) on Tuesday. The business has a 50 day moving average price of GBX 187.45 and a 200 day moving average price of GBX 186.74. The company has a debt-to-equity ratio of 67.96, a current ratio of 2.84 and a quick ratio of 22.47. The company has a market capitalization of £80.89 million, a P/E ratio of 19.26 and a beta of 0.98. Value and Indexed Property Income has a 1-year low of GBX 160 ($2.07) and a 1-year high of GBX 197.91 ($2.56).

Value and Indexed Property Income Company Profile

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.