abrdn European Logistics Income plc (LON:ASLI) to Issue Dividend Increase – GBX 0.87 Per Share

abrdn European Logistics Income plc (LON:ASLI) announced a dividend on Thursday, November 28th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 5th will be given a dividend of GBX 0.87 ($0.01) per share on Tuesday, December 31st. This represents a dividend yield of 1.51%. The ex-dividend date is Thursday, December 5th. This is an increase from abrdn European Logistics Income’s previous dividend of $0.77. The official announcement can be viewed at this link.

abrdn European Logistics Income Price Performance

Shares of ASLI opened at GBX 58.64 ($0.74) on Friday. The stock has a market cap of £241.68 million, a P/E ratio of -347.06, a P/E/G ratio of 9.27 and a beta of 0.38. The business’s fifty day moving average is GBX 59.10 and its 200 day moving average is GBX 60.45. The company has a quick ratio of 4.22, a current ratio of 3.10 and a debt-to-equity ratio of 72.97. abrdn European Logistics Income has a 12-month low of GBX 52.70 ($0.67) and a 12-month high of GBX 67 ($0.85).

About abrdn European Logistics Income

abrdn European Logistics Income plc, together with its subsidiaries, invests in logistic real estate properties in Europe. Its property portfolio includes mid-box and urban logistics warehouses. The company was formerly known as Aberdeen Standard European Logistics Income PLC and changed its name to abrdn European Logistics Income plc in January 2022.