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

Picton Property Income Limited (LON:PCTN) declared a dividend on Wednesday, July 31st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 8th will be given 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 of this dividend is Thursday, August 8th. The official announcement can be viewed at this link.

Picton Property Income Price Performance

Picton Property Income stock opened at GBX 74.65 ($0.96) on Thursday. The company has a current ratio of 2.19, a quick ratio of 2.25 and a debt-to-equity ratio of 42.44. The stock has a market cap of £407.01 million, a P/E ratio of -493.33 and a beta of 0.41. The company has a 50-day moving average price of GBX 68.37 and a 200 day moving average price of GBX 65.94. Picton Property Income has a 12-month low of GBX 60.30 ($0.78) and a 12-month high of GBX 74.70 ($0.96).

Insider Transactions at Picton Property Income

In other news, insider Michael Morris sold 168,541 shares of the company’s stock in a transaction on Tuesday, June 25th. The stock was sold at an average price of GBX 67 ($0.86), for a total value of £112,922.47 ($145,256.59). Insiders own 0.70% of the company’s stock.

About Picton Property Income

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.