Custodian Property Income REIT (LON:CREI) to Issue Dividend Increase – GBX 1.98 Per Share

Custodian Property Income REIT (LON:CREI) announced a dividend on Wednesday, May 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, May 9th will be given a dividend of GBX 1.98 ($0.02) per share on Friday, May 31st. This represents a dividend yield of 2.66%. The ex-dividend date of this dividend is Thursday, May 9th. This is a boost from Custodian Property Income REIT’s previous dividend of $1.38. The official announcement can be seen at this link.

Custodian Property Income REIT Price Performance

CREI opened at GBX 76.70 ($0.96) on Wednesday. The company’s 50-day simple moving average is GBX 75.91 and its two-hundred day simple moving average is GBX 79.54. The company has a debt-to-equity ratio of 43.45, a quick ratio of 0.57 and a current ratio of 0.19. The stock has a market capitalization of £338.13 million, a P/E ratio of -650.00 and a beta of 0.21. Custodian Property Income REIT has a 52-week low of GBX 63.80 ($0.80) and a 52-week high of GBX 95.10 ($1.19).

About Custodian Property Income REIT

Custodian Property Income REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014. Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is principally characterised by smaller, regional, core/core-plus properties.