Value and Indexed Property Income (VIP) to Issue Dividend of GBX 3.40 on April 25th

Value and Indexed Property Income (LON:VIP) announced a dividend on Wednesday, November 26th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 27th will be given a dividend of GBX 3.40 ($0.04) per share on Friday, April 25th. This represents a dividend yield of 1.81%. The ex-dividend date is Thursday, March 27th. The official announcement can be accessed at this link.

Value and Indexed Property Income Stock Up 0.4 %

VIP stock traded up GBX 0.80 ($0.01) during mid-day trading on Tuesday, hitting GBX 188.80 ($2.44). 51,556 shares of the company were exchanged, compared to its average volume of 32,571. The company has a debt-to-equity ratio of 67.96, a quick ratio of 22.47 and a current ratio of 2.84. Value and Indexed Property Income has a 1-year low of GBX 160 ($2.07) and a 1-year high of GBX 197.91 ($2.56). The firm’s 50 day simple moving average is GBX 187.45 and its 200 day simple moving average is GBX 186.74. The firm has a market cap of £80.89 million, a P/E ratio of 19.26 and a beta of 0.98.

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.