Ground Rents Income Fund PLC (GRIO) Rating Reiterated by N+1 Singer
Ground Rents Income Fund PLC (LON:GRIO) traded up 1.09% during trading on Friday, hitting GBX 134.95. 30,553 shares of the company were exchanged. Ground Rents Income Fund PLC has a 12 month low of GBX 109.50 and a 12 month high of GBX 134.97. The company has a 50-day moving average of GBX 1.24 and a 200-day moving average of GBX 1.19.
The company also recently disclosed a dividend, which will be paid on Friday, December 30th. Stockholders of record on Thursday, November 24th will be given a GBX 1.02 ($0.01) dividend. This represents a dividend yield of 0.77%. The ex-dividend date is Thursday, November 24th. This is a positive change from Ground Rents Income Fund PLC’s previous dividend of $1.02.
About Ground Rents Income Fund PLC
Ground Rents Income Fund plc (GRIF) is a closed-ended real estate investment trust (REIT). The Company, together with its subsidiaries, operates a property investment and rental business. The Company invests in a diversified portfolio of ground rents. The investment objective of the Company is to acquire a portfolio of freeholds and head leases, offering the potential for income generation from ground rents, that is both secure and hedged against inflation, and the potential for capital growth from active asset management.
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