Industrial Logistics Properties Trust (NASDAQ:ILPT) Announces Quarterly Earnings Results

Industrial Logistics Properties Trust (NASDAQ:ILPT) posted its quarterly earnings data on Tuesday. The company reported $0.13 EPS for the quarter, Zacks reports. Industrial Logistics Properties Trust had a negative net margin of 23.33% and a negative return on equity of 9.31%.

Industrial Logistics Properties Trust Stock Down 1.0 %

NASDAQ:ILPT opened at $3.97 on Wednesday. Industrial Logistics Properties Trust has a twelve month low of $3.15 and a twelve month high of $5.45. The stock has a fifty day simple moving average of $3.70 and a 200-day simple moving average of $4.14. The company has a current ratio of 4.53, a quick ratio of 4.53 and a debt-to-equity ratio of 4.13.

Industrial Logistics Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, January 27th will be given a dividend of $0.01 per share. The ex-dividend date is Monday, January 27th. This represents a $0.04 annualized dividend and a dividend yield of 1.01%. Industrial Logistics Properties Trust’s dividend payout ratio (DPR) is -2.55%.

About Industrial Logistics Properties Trust

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2023, ILPT's portfolio consisted of 411 properties containing approximately 60 million rentable square feet located in 39 states.