TR Property Investment Trust (LON:TRY) Hits New 1-Year High at $349.00

Shares of TR Property Investment Trust plc (LON:TRY) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 349 ($4.49) and last traded at GBX 346 ($4.45), with a volume of 601930 shares traded. The stock had previously closed at GBX 340 ($4.37).

TR Property Investment Trust Stock Up 1.9 %

The company has a quick ratio of 3.14, a current ratio of 4.28 and a debt-to-equity ratio of 7.12. The company’s fifty day moving average is GBX 385.74 and its 200-day moving average is GBX 341.59. The company has a market cap of £1.10 billion, a PE ratio of -193.18 and a beta of 0.93.

TR Property Investment Trust Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, August 1st. Investors of record on Thursday, June 27th will be issued a GBX 10.05 ($0.13) dividend. The ex-dividend date is Thursday, June 27th. This represents a yield of 3.05%. This is a boost from TR Property Investment Trust’s previous dividend of $5.65. TR Property Investment Trust’s dividend payout ratio (DPR) is currently -852.27%.

TR Property Investment Trust Company Profile

TR Property Investment Trust plc is a closed-ended equity mutual fund launched by F&C Investment Business Ltd. The fund is managed by Thames River Capital LLP. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies that are operating in the real estate sector.