Value and Indexed Property Income (LON:VIP) Stock Crosses Below Fifty Day Moving Average of $178.69

Value and Indexed Property Income (LON:VIP) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 178.69 ($2.22) and traded as low as GBX 167.08 ($2.08). Value and Indexed Property Income shares last traded at GBX 169.50 ($2.11), with a volume of 50,020 shares.

Value and Indexed Property Income Price Performance

The stock’s 50 day simple moving average is GBX 178.05 and its two-hundred day simple moving average is GBX 183.18. The firm has a market capitalization of £72.56 million, a PE ratio of -322.35 and a beta of 1.02. The company has a debt-to-equity ratio of 53.26, a quick ratio of 22.47 and a current ratio of 3.52.

Value and Indexed Property Income Announces Dividend

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

Value and Indexed Property Income Company Profile

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.