Value and Indexed Property Income (LON:VIP) Insider Josephine Clare Valentine Purchases 13,500 Shares

Value and Indexed Property Income (LON:VIP) insider Josephine Clare Valentine acquired 13,500 shares of the firm’s stock in a transaction that occurred on Monday, July 22nd. The shares were bought at an average cost of GBX 189 ($2.44) per share, for a total transaction of £25,515 ($32,999.22).

Value and Indexed Property Income Price Performance

Shares of LON VIP traded down GBX 2.50 ($0.03) on Tuesday, hitting GBX 185 ($2.39). The company’s stock had a trading volume of 14,115 shares, compared to its average volume of 29,449. Value and Indexed Property Income has a 12-month low of GBX 160 ($2.07) and a 12-month high of GBX 210 ($2.72). The company has a market capitalization of £78.96 million, a price-to-earnings ratio of -347.22 and a beta of 1.02. The company has a debt-to-equity ratio of 53.26, a current ratio of 3.52 and a quick ratio of 22.47. The stock has a 50 day moving average of GBX 186.12 and a 200-day moving average of GBX 183.49.

Value and Indexed Property Income Increases Dividend

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