Alternative Income REIT (LON:AIRE) Declares Dividend of GBX 1.55

Alternative Income REIT (LON:AIRE) announced a dividend on Thursday, October 31st, Upcoming.Co.Uk reports. Investors of record on Thursday, November 7th will be paid 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 of this dividend is Thursday, November 7th. The official announcement can be seen at this link.

Alternative Income REIT Stock Up 1.6 %

AIRE opened at GBX 72.62 ($0.94) on Thursday. The company has a market capitalization of £58.46 million, a PE ratio of 2,413.90 and a beta of 0.80. The business has a 50-day moving average of GBX 71.20 and a 200-day moving average of GBX 69.61. Alternative Income REIT has a fifty-two week low of GBX 62.05 ($0.80) and a fifty-two week high of GBX 75 ($0.97). 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.