Shares of APN Industria REIT (ASX:ADI) were down 0.7% during trading on Tuesday . The stock traded as low as A$2.90 ($2.06) and last traded at A$2.91 ($2.06), approximately 116,703 shares were traded during trading. The stock had previously closed at A$2.93 ($2.08).
The stock’s 50-day moving average price is A$2.90. The stock has a market capitalization of $473.86 million and a P/E ratio of 11.19. The company has a quick ratio of 0.09, a current ratio of 0.10 and a debt-to-equity ratio of 53.83.
The company also recently disclosed a Final dividend, which will be paid on Friday, August 23rd. Investors of record on Friday, August 23rd will be given a dividend of $0.043 per share. This represents a yield of 1.47%. The ex-dividend date is Thursday, June 27th. APN Industria REIT’s dividend payout ratio (DPR) is 65.38%.
APN Industria REIT Company Profile (ASX:ADI)
APN Industria REIT (‘Industria) (ASX code: ADI) is a listed Australian real estate investment trust which owns interests in office and industrial properties that provide functional and affordable workspaces for business. Industria's $692 million portfolio of 24 properties located across the major Australian cities provides sustainable income and capital growth prospects for security holders over the long term.
Further Reading: What is the Bid-Ask Spread?
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