Value and Indexed Property Income Trust (LON:VIP) Stock Price Passes Above 50-Day Moving Average of $176.65

Value and Indexed Property Income Trust Plc (LON:VIP) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 176.65 ($2.18) and traded as high as GBX 177 ($2.19). Value and Indexed Property Income Trust shares last traded at GBX 171 ($2.11), with a volume of 19,974 shares changing hands.

Value and Indexed Property Income Trust Stock Up 2.9 %

The company has a quick ratio of 22.47, a current ratio of 3.52 and a debt-to-equity ratio of 53.26. The firm has a market cap of £75.12 million, a PE ratio of -325.93 and a beta of 1.02. The firm’s 50 day moving average is GBX 176.65 and its 200-day moving average is GBX 182.74.

Value and Indexed Property Income Trust Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, April 26th. Investors of record on Thursday, March 28th will be paid a dividend of GBX 3.20 ($0.04) per share. This represents a dividend yield of 1.83%. The ex-dividend date is Thursday, March 28th. Value and Indexed Property Income Trust’s payout ratio is -2,407.41%.

About Value and Indexed Property Income Trust

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.