Insider Buying: Value and Indexed Property Income (LON:VIP) Insider Buys £25,515 in Stock

Value and Indexed Property Income (LON:VIP) insider Josephine Clare Valentine acquired 13,500 shares of the firm’s stock in a transaction on Monday, July 22nd. The shares were bought at an average cost of GBX 189 ($2.44) per share, for a total transaction of £25,515 ($32,999.22).

Value and Indexed Property Income Stock Performance

VIP opened at GBX 183.50 ($2.37) on Friday. The company has a quick ratio of 22.47, a current ratio of 3.52 and a debt-to-equity ratio of 53.26. The company has a market cap of £78.32 million, a price-to-earnings ratio of -339.81 and a beta of 1.02. Value and Indexed Property Income has a 52-week low of GBX 160 ($2.07) and a 52-week high of GBX 210 ($2.72). The firm’s fifty day simple moving average is GBX 185.99 and its two-hundred day simple moving average is GBX 183.51.

Value and Indexed Property Income Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 26th. Shareholders of record on Thursday, June 27th will be issued a dividend of GBX 3.60 ($0.05) per share. This represents a yield of 1.96%. This is an increase from Value and Indexed Property Income’s previous dividend of $3.20. The ex-dividend date is Thursday, June 27th. Value and Indexed Property Income’s dividend payout ratio (DPR) is presently -2,407.41%.

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.