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

Value and Indexed Property Income (LON:VIP) announced a dividend on Wednesday, November 26th, Upcoming Dividends.Co.Uk reports. Shareholders 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 yield of 1.81%. The ex-dividend date is Thursday, March 27th. The official announcement can be accessed at this link.

Value and Indexed Property Income Stock Performance

LON VIP opened at GBX 188.80 ($2.44) on Tuesday. The stock has a 50-day moving average of GBX 187.45 and a 200 day moving average of GBX 186.74. 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 stock has a market capitalization of £80.89 million, a price-to-earnings ratio of 19.26 and a beta of 0.98. The company has a current ratio of 2.84, a quick ratio of 22.47 and a debt-to-equity ratio of 67.96.

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.