Jill May Sells 128,592 Shares of abrdn Property Income Trust Limited (LON:API) Stock

abrdn Property Income Trust Limited (LON:API) insider Jill May sold 128,592 shares of the company’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of GBX 61 ($0.80), for a total value of £78,441.12 ($102,430.30).

abrdn Property Income Trust Stock Performance

API opened at GBX 60.90 ($0.80) on Thursday. abrdn Property Income Trust Limited has a 1-year low of GBX 44.94 ($0.59) and a 1-year high of GBX 63 ($0.82). The business has a 50 day moving average price of GBX 57.68 and a two-hundred day moving average price of GBX 53.80. The company has a market capitalization of £232.16 million, a price-to-earnings ratio of -3,045.00 and a beta of 0.33. The company has a debt-to-equity ratio of 47.99, a current ratio of 3.47 and a quick ratio of 0.16.

abrdn Property Income Trust Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were given a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a dividend yield of 1.85%. abrdn Property Income Trust’s dividend payout ratio (DPR) is presently -20,000.00%.

abrdn Property Income Trust Company Profile

The objective of abrdn Property Income Trust Limited is to provide shareholders with an attractive level of income together with the prospect of income and capital growth. The Board intends to achieve the investment objective by investing in a diversified portfolio of UK commercial properties in the industrial, office, retail and other' sectors, where other' includes leisure, data centres, student housing, hotels (and apart-hotels) and healthcare.