Value and Indexed Property Income (LON:VIP) Stock Crosses Below 50 Day Moving Average of $183.10

Shares of Value and Indexed Property Income (LON:VIP) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 183.10 ($2.33) and traded as low as GBX 183 ($2.33). Value and Indexed Property Income shares last traded at GBX 184.50 ($2.34), with a volume of 41,800 shares trading hands.

Value and Indexed Property Income Price Performance

The stock’s 50-day moving average is GBX 183.39 and its two-hundred day moving average is GBX 184.89. The company has a market capitalization of £75.54 million, a PE ratio of -327.78 and a beta of 1.02. The company has a current ratio of 3.52, a quick ratio of 22.47 and a debt-to-equity ratio of 53.26.

Value and Indexed Property Income Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, June 27th will be paid a dividend of GBX 3.60 ($0.05) per share. This is a positive change from Value and Indexed Property Income’s previous dividend of $3.20. This represents a dividend yield of 1.96%. The ex-dividend date of this dividend is Thursday, June 27th. Value and Indexed Property Income’s dividend payout ratio (DPR) 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.