Shares of abrdn European Logistics Income plc (LON:ASLI – Get Free Report) dropped 0.7% on Monday . The company traded as low as GBX 60 ($0.75) and last traded at GBX 60.40 ($0.76). Approximately 359,652 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 1,114,823 shares. The stock had previously closed at GBX 60.80 ($0.76).
abrdn European Logistics Income Trading Down 0.7 %
The company has a debt-to-equity ratio of 72.97, a current ratio of 3.10 and a quick ratio of 4.22. The business has a 50-day moving average price of GBX 58.64 and a two-hundred day moving average price of GBX 59.69. The firm has a market cap of £248.13 million, a PE ratio of -354.12, a PEG ratio of 9.27 and a beta of 0.38.
abrdn European Logistics Income Increases Dividend
The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, December 5th were given a dividend of GBX 0.87 ($0.01) per share. The ex-dividend date was Thursday, December 5th. This represents a yield of 1.51%. This is a boost from abrdn European Logistics Income’s previous dividend of $0.77. abrdn European Logistics Income’s payout ratio is presently -2,941.18%.
About abrdn European Logistics Income
Capturing long-term income potential from logistics real estate in Europe
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