TOC Property Backed Lending Trust PLC (PBLT) To Go Ex-Dividend on September 7th
TOC Property Backed Lending Trust PLC (LON:PBLT) declared a dividend on Wednesday, August 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 7th will be given a dividend of GBX 1 ($0.01) per share on Friday, September 29th. This represents a dividend yield of 0.97%. The ex-dividend date of this dividend is Thursday, September 7th. The official announcement can be seen at this link.
TOC Property Backed Lending Trust PLC (LON PBLT) remained flat at GBX 103.50 during trading on Wednesday. 223 shares of the company traded hands. The firm has a 50-day moving average price of GBX 0.97 and a 200-day moving average price of GBX 0.98. TOC Property Backed Lending Trust PLC has a 12-month low of GBX 103.50 and a 12-month high of GBX 108.00.
About TOC Property Backed Lending Trust PLC
TOC Property Backed Lending Trust PLC is a United Kingdom-based closed-end investment company. The Company’s investment objective is to provide shareholders with a consistent and stable income and the potential for an attractive total return over the medium to long term while managing downside risk through a diversified portfolio of fixed rate loans predominantly secured over land and/or property in the United Kingdom, and in many cases, receiving the benefit of an associated profit share usually obtained by acquiring (at nil cost) a minority equity stake in the relevant borrower project development vehicle.
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