Alternative Income REIT (AIRE) To Go Ex-Dividend on August 15th

Alternative Income REIT (LON:AIRE) announced a dividend on Thursday, August 8th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 15th will be given a dividend of GBX 1.63 ($0.02) per share on Friday, August 30th. This represents a yield of 2.3%. The ex-dividend date is Thursday, August 15th. This is a positive change from Alternative Income REIT’s previous dividend of $1.43. The official announcement can be accessed at this link.

Alternative Income REIT Price Performance

Alternative Income REIT stock opened at GBX 69.80 ($0.89) on Tuesday. The business has a 50 day simple moving average of GBX 69.06 and a 200-day simple moving average of GBX 68.01. Alternative Income REIT has a 12 month low of GBX 54.60 ($0.70) and a 12 month high of GBX 75 ($0.96). The company has a debt-to-equity ratio of 62.06, a current ratio of 3.27 and a quick ratio of 2.07. The stock has a market capitalization of £56.19 million, a PE ratio of 2,426.67 and a beta of 0.81.

About Alternative Income REIT

Alternative Income REIT plc aims to generate a sustainable, secure and attractive income return for shareholders from a diversified portfolio of UK property investments, predominately in alternative and specialist sectors. The majority of the assets in the Group's portfolio are let on long leases which contain inflation linked rent review provisions.