UK Commercial Property REIT (LON:UKCM) Sets New 52-Week High at $69.90

UK Commercial Property REIT (LON:UKCM)’s stock price reached a new 52-week high on Thursday . The company traded as high as GBX 69.90 ($0.88) and last traded at GBX 69.30 ($0.88), with a volume of 70128 shares trading hands. The stock had previously closed at GBX 69.40 ($0.88).

UK Commercial Property REIT Stock Performance

The firm has a market capitalization of £907.40 million, a P/E ratio of -258.52 and a beta of 0.35. The company has a current ratio of 2.46, a quick ratio of 2.58 and a debt-to-equity ratio of 21.40. The business’s 50 day simple moving average is GBX 65.01 and its two-hundred day simple moving average is GBX 59.86.

UK Commercial Property REIT Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, February 15th were given a dividend of GBX 0.85 ($0.01) per share. This represents a dividend yield of 1.33%. The ex-dividend date was Thursday, February 15th. UK Commercial Property REIT’s payout ratio is -1,111.11%.

About UK Commercial Property REIT

UK Commercial Property REIT Limited (UKCM) is a listed Real Estate Investment Trust (REIT) with a net asset value of £1.1 billion as at 30 June 2023. UKCM is one of the largest diversified REITs in the UK and is a component of the FTSE 250 index made up of the largest 350 companies with a primary listing on the London Stock Exchange.