Alternative Income REIT to Issue Dividend of GBX 1.55 (LON:AIRE)

Alternative Income REIT (LON:AIRE) announced a dividend on Thursday, October 31st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 7th will be paid a dividend of GBX 1.55 ($0.02) per share on Friday, November 22nd. This represents a yield of 2.17%. The ex-dividend date of this dividend is Thursday, November 7th. The official announcement can be seen at this link.

Alternative Income REIT Price Performance

Shares of Alternative Income REIT stock opened at GBX 72.28 ($0.94) on Wednesday. The company has a current ratio of 3.27, a quick ratio of 2.07 and a debt-to-equity ratio of 62.06. The firm has a fifty day simple moving average of GBX 71.21 and a 200-day simple moving average of GBX 69.76. The stock has a market capitalization of £58.19 million, a price-to-earnings ratio of 2,403.73 and a beta of 0.80. Alternative Income REIT has a 1-year low of GBX 62.80 ($0.82) and a 1-year high of GBX 75 ($0.98).

Alternative Income REIT Company Profile

Alternative Income REIT plc aims to generate a sustainable, secure and attractive income return for shareholders from a diversified portfolio of UK property investments, predominately in alternative and specialist sectors. The majority of the assets in the Group's portfolio are let on long leases which contain inflation linked rent review provisions.