Picton Property Income Limited (LON:PCTN) Announces Dividend of GBX 0.93

Posted by KOP Source Staff on Aug 7th, 2024

Picton Property Income Limited (LON:PCTN – Get Free Report) announced a dividend on Wednesday, July 31st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 8th will be paid a dividend of GBX 0.93 ($0.01) per share on Friday, August 30th. This represents a dividend yield of 1.27%. The ex-dividend date is Thursday, August 8th. The official announcement can be seen at this link.

Picton Property Income Price Performance

LON:PCTN opened at GBX 74.80 ($0.96) on Wednesday. The firm has a market cap of £408.38 million, a PE ratio of -7,370.00 and a beta of 0.43. Picton Property Income has a 12 month low of GBX 60.30 ($0.77) and a 12 month high of GBX 76.50 ($0.98). The company has a quick ratio of 2.25, a current ratio of 3.74 and a debt-to-equity ratio of 43.63. The company’s 50-day moving average price is GBX 69.07 and its two-hundred day moving average price is GBX 66.30.

Insider Buying and Selling at Picton Property Income

In other Picton Property Income news, insider Michael Morris sold 168,541 shares of the business’s stock in a transaction dated Tuesday, June 25th. The shares were sold at an average price of GBX 67 ($0.86), for a total value of £112,922.47 ($144,309.87). Company insiders own 0.75% of the company’s stock.

About Picton Property Income

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Picton, established in 2005, is a UK REIT. It owns and actively manages a £757 million diversified UK commercial property portfolio, invested across 49 assets and with around 400 occupiers (as at 30 September 2023). Through an occupier focused, opportunity led approach to asset management, Picton aims to be one of the consistently best performing diversified UK focused property companies listed on the main market of the London Stock Exchange.