Value and Indexed Property Income (LON:VIP) Declares GBX 3.40 Dividend

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

Value and Indexed Property Income Price Performance

Shares of LON VIP opened at GBX 188.80 ($2.44) on Tuesday. The company has a market capitalization of £80.89 million, a PE ratio of 19.26 and a beta of 0.98. Value and Indexed Property Income has a twelve month low of GBX 160 ($2.07) and a twelve month high of GBX 197.91 ($2.56). The company has a quick ratio of 22.47, a current ratio of 2.84 and a debt-to-equity ratio of 67.96. The stock’s 50 day moving average price is GBX 187.45 and its 200-day moving average price is GBX 186.74.

About Value and Indexed Property Income

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.