Ground Rents Income Fund PLC (LON:GRIO) declared a dividend on Thursday, March 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, March 21st will be paid a dividend of GBX 0.98 ($0.01) per share on Sunday, March 31st. This represents a dividend yield of 0.99%. The ex-dividend date is Thursday, March 21st. The official announcement can be viewed at this link.
Shares of LON GRIO opened at GBX 97.60 ($1.28) on Friday. Ground Rents Income Fund has a 1-year low of GBX 1.03 ($0.01) and a 1-year high of GBX 99.10 ($1.29).
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Ground Rents Income Fund Company Profile
Ground Rents Income Fund PLC is a real estate investment trust externally managed by Braemar Estates (Residential) Ltd, Asset Management Arm. The firm invest in long dated United Kingdom ground rents. It 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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