Government Properties Income Trust (NASDAQ:GOV) announced a quarterly dividend on Monday, January 22nd, Wall Street Journal reports. Investors of record on Monday, January 29th will be paid a dividend of 0.43 per share by the real estate investment trust on Monday, February 26th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 10.85%. The ex-dividend date of this dividend is Friday, January 26th.
Government Properties Income Trust (NASDAQ:GOV) traded down $0.27 during mid-day trading on Wednesday, reaching $15.85. The company’s stock had a trading volume of 766,870 shares, compared to its average volume of 824,472. The company has a current ratio of 9.44, a quick ratio of 9.44 and a debt-to-equity ratio of 1.52. The company has a market capitalization of $1,570.00, a price-to-earnings ratio of 28.82, a PEG ratio of 1.50 and a beta of 0.95. Government Properties Income Trust has a 52-week low of $15.63 and a 52-week high of $22.99.
Several research analysts have weighed in on the company. ValuEngine lowered Government Properties Income Trust from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. BidaskClub lowered Government Properties Income Trust from a “hold” rating to a “sell” rating in a report on Thursday, January 11th. Zacks Investment Research upgraded Government Properties Income Trust from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. B. Riley restated a “buy” rating on shares of Government Properties Income Trust in a report on Wednesday, November 1st. Finally, FBR & Co restated a “buy” rating on shares of Government Properties Income Trust in a report on Tuesday, October 31st. Three analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $18.75.
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Government Properties Income Trust Company Profile
Government Properties Income Trust is a real estate investment trust (REIT). The Company operates through two segments: ownership of properties that are primarily leased to government tenants and its equity method investment in Select Income REIT (SIR). The Company’s properties are located in areas, including Alabama, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, New Hampshire, New Jersey and New Mexico.
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