Alternative Income REIT (LON:AIRE) to Issue GBX 1.55 Dividend

Alternative Income REIT (LON:AIRE) declared a dividend on Thursday, October 31st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 7th will be given a dividend of GBX 1.55 ($0.02) per share on Friday, November 22nd. This represents a dividend yield of 2.17%. The ex-dividend date is Thursday, November 7th. The official announcement can be accessed at this link.

Alternative Income REIT Trading Down 0.3 %

Shares of AIRE stock opened at GBX 71.60 ($0.93) on Friday. The business’s fifty day moving average price is GBX 71.22 and its 200 day moving average price is GBX 69.64. Alternative Income REIT has a 1-year low of GBX 62.40 ($0.81) and a 1-year high of GBX 75 ($0.97). The firm has a market capitalization of £57.64 million, a PE ratio of 2,386.67 and a beta of 0.80. The company has a debt-to-equity ratio of 62.06, a current ratio of 3.27 and a quick ratio of 2.07.

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.