Picton Property Income Limited Declares Dividend of GBX 0.88 (LON:PCTN)

Picton Property Income Limited (LON:PCTN – Get Rating) declared a dividend on Wednesday, April 27th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 12th will be paid a dividend of GBX 0.88 ($0.01) per share on Tuesday, May 31st. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 12th. The official announcement can be accessed at this link.

PCTN traded up GBX 2.10 ($0.03) on Wednesday, reaching GBX 102 ($1.30). The stock had a trading volume of 614,068 shares, compared to its average volume of 867,147. Picton Property Income has a 12-month low of GBX 79.60 ($1.01) and a 12-month high of GBX 107 ($1.36). The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 31.21. The company has a 50-day moving average price of GBX 97.84. The company has a market cap of £558.56 million and a P/E ratio of 6.49.

Picton Property Income Company Profile (Get Rating)

Picton, established in 2005, is a UK REIT. It owns and actively manages a £665 million diversified UK commercial property portfolio, invested across 47 assets and with around 350 occupiers (as at 31 March 2020). Through an occupier focused, opportunity led approach to asset management, Picton aims to be one of the consistently best performing diversified UK focused property companies listed on the main market of the London Stock Exchange.

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