abrdn Property Income Trust Limited (API) to Issue Dividend of GBX 1 on May 31st

abrdn Property Income Trust Limited (LON:API) announced a dividend on Thursday, May 2nd, Upcoming.Co.Uk reports. Investors of record on Thursday, May 16th will be paid a dividend of GBX 1 ($0.01) per share on Friday, May 31st. This represents a dividend yield of 1.98%. The ex-dividend date is Thursday, May 16th. The official announcement can be seen at this link.

abrdn Property Income Trust Stock Up 1.0 %

Shares of abrdn Property Income Trust stock opened at GBX 51.50 ($0.65) on Friday. The company has a quick ratio of 0.16, a current ratio of 1.51 and a debt-to-equity ratio of 42.59. abrdn Property Income Trust has a 12 month low of GBX 44.15 ($0.55) and a 12 month high of GBX 57.90 ($0.73). The business has a fifty day simple moving average of GBX 51.65 and a 200 day simple moving average of GBX 50.81. The stock has a market cap of £196.33 million, a PE ratio of -223.91 and a beta of 0.31.

About abrdn Property Income Trust

The objective of abrdn Property Income Trust Limited is to provide shareholders with an attractive level of income together with the prospect of income and capital growth. The Board intends to achieve the investment objective by investing in a diversified portfolio of UK commercial properties in the industrial, office, retail and other' sectors, where other' includes leisure, data centres, student housing, hotels (and apart-hotels) and healthcare.