UK Commercial Property REIT (LON:UKCM) Reaches New 1-Year High at $69.90

UK Commercial Property REIT (LON:UKCM) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 69.90 ($0.88) and last traded at GBX 69.30 ($0.88), with a volume of 70128 shares traded. The stock had previously closed at GBX 69.40 ($0.88).

UK Commercial Property REIT Stock Down 0.3 %

The stock has a fifty day moving average of GBX 64.59 and a 200-day moving average of GBX 59.68. The firm has a market capitalization of £899.21 million, a price-to-earnings ratio of -257.04 and a beta of 0.35. The company has a current ratio of 2.46, a quick ratio of 2.58 and a debt-to-equity ratio of 21.40.

UK Commercial Property REIT Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, February 29th. Investors of record on Thursday, February 15th were paid a GBX 0.85 ($0.01) dividend. The ex-dividend date was Thursday, February 15th. This represents a yield of 1.33%. UK Commercial Property REIT’s dividend payout ratio is currently -1,111.11%.

UK Commercial Property REIT Company Profile

UK Commercial Property REIT Limited (UKCM) is a listed Real Estate Investment Trust (REIT) with a net asset value of £1.1 billion as at 30 June 2023. UKCM is one of the largest diversified REITs in the UK and is a component of the FTSE 250 index made up of the largest 350 companies with a primary listing on the London Stock Exchange.