Value and Indexed Property Income (VIP) to Issue Dividend of GBX 3.40 on October 25th

Value and Indexed Property Income (LON:VIP) announced a dividend on Wednesday, September 18th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be paid a dividend of GBX 3.40 ($0.05) per share on Friday, October 25th. This represents a dividend yield of 1.77%. The ex-dividend date of this dividend is Thursday, September 26th. The official announcement can be seen at this link.

Value and Indexed Property Income Stock Up 1.4 %

Shares of LON:VIP opened at GBX 192.15 ($2.56) on Tuesday. The company has a 50 day moving average price of GBX 191.07 and a two-hundred day moving average price of GBX 184.50. The company has a debt-to-equity ratio of 57.08, a quick ratio of 22.47 and a current ratio of 0.99. The company has a market capitalization of £81.57 million, a PE ratio of -1,052.78 and a beta of 0.98. Value and Indexed Property Income has a 52 week low of GBX 160 ($2.14) and a 52 week high of GBX 203 ($2.71).

Insider Transactions at Value and Indexed Property Income

In related news, insider Josephine Clare Valentine bought 13,500 shares of Value and Indexed Property Income stock in a transaction that occurred on Monday, July 22nd. The stock was purchased at an average cost of GBX 189 ($2.52) per share, with a total value of £25,515 ($34,056.33). 56.14% of the stock is currently owned by insiders.

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.