Ground Rents Income Fund PLC (LON:GRIO) declared a dividend on Thursday, February 8th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, February 15th will be paid a dividend of GBX 0.98 ($0.01) per share on Friday, March 30th. This represents a yield of 0.82%. The ex-dividend date is Thursday, February 15th. The official announcement can be accessed at this link.
Ground Rents Income Fund (GRIO) opened at GBX 117.50 ($1.62) on Wednesday. The firm has a market capitalization of $118.71 and a PE ratio of 2,350.00. Ground Rents Income Fund has a 52-week low of GBX 114 ($1.58) and a 52-week high of GBX 142.25 ($1.97).
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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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