RAM Essential Services Property Fund (REP) to Issue Interim Dividend of $0.01 on April 29th

RAM Essential Services Property Fund (ASX:REP) declared a interim dividend on Wednesday, March 26th, MarketIndexAU Dividends reports. Shareholders of record on Tuesday, April 29th will be given a dividend of 0.013 per share on Tuesday, April 29th. This represents a yield of 2.12%. The ex-dividend date is Thursday, March 27th.

RAM Essential Services Property Fund Price Performance

The company has a debt-to-equity ratio of 129.07, a current ratio of 4.19 and a quick ratio of 0.57. The company has a market capitalization of $305.33 million, a P/E ratio of -27.25 and a beta of 0.69.

Insider Buying and Selling at RAM Essential Services Property Fund

In other news, insider Scott Wehl bought 447,500 shares of the business’s stock in a transaction dated Wednesday, March 19th. The stock was bought at an average price of A$0.58 ($0.36) per share, for a total transaction of A$257,312.50 ($161,831.76). Company insiders own 32.71% of the company’s stock.

About RAM Essential Services Property Fund

RAM Essential Services Property Fund is an REIT. It invests in high quality Australian medical and essential retail real estate assets, leased to essential services tenants. RAM Essential Services Property Fund is based in Australia.