Balanced Commercial Property Trust (LON:BCPT) Sets New 1-Year High at $85.70

Balanced Commercial Property Trust Ltd (LON:BCPT) reached a new 52-week high on Friday . The company traded as high as GBX 85.70 ($1.11) and last traded at GBX 85.50 ($1.11), with a volume of 543618 shares trading hands. The stock had previously closed at GBX 83.30 ($1.08).

Balanced Commercial Property Trust Stock Performance

The firm has a market cap of £597.72 million, a P/E ratio of -327.69 and a beta of 0.86. The stock’s 50 day moving average is GBX 79.69 and its two-hundred day moving average is GBX 78.29. The company has a debt-to-equity ratio of 37.65, a current ratio of 3.43 and a quick ratio of 5.66.

Balanced Commercial Property Trust Announces Dividend

The company also recently declared a dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Thursday, July 11th will be given a GBX 0.44 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, July 11th. This represents a yield of 0.53%. Balanced Commercial Property Trust’s dividend payout ratio (DPR) is presently -1,923.08%.

About Balanced Commercial Property Trust

The trust is a vehicle for investors who wish to gain exposure to prime UK commercial property. It is a constituent of the FTSE 250 Index and aims to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified UK commercial property portfolio.