Industrial Logistics Properties Trust (ILPT) to Release Quarterly Earnings on Tuesday

Industrial Logistics Properties Trust (NASDAQ:ILPT) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Industrial Logistics Properties Trust Price Performance

ILPT opened at $3.64 on Tuesday. The company has a market capitalization of $239.66 million, a price-to-earnings ratio of -2.19 and a beta of 1.73. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 3.71. The firm has a 50-day moving average price of $3.94 and a 200-day moving average price of $3.71. Industrial Logistics Properties Trust has a twelve month low of $1.64 and a twelve month high of $4.88.

Industrial Logistics Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Monday, April 22nd will be paid a $0.01 dividend. The ex-dividend date is Friday, April 19th. This represents a $0.04 annualized dividend and a dividend yield of 1.10%. Industrial Logistics Properties Trust’s payout ratio is -2.41%.

Industrial Logistics Properties Trust Company Profile

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.