TR Property Investment Trust plc (LON:TRY) Insider Purchases £40,053 in Stock

TR Property Investment Trust plc (LON:TRY) insider Andrew Vaughan acquired 12,675 shares of TR Property Investment Trust stock in a transaction on Wednesday, December 11th. The stock was acquired at an average cost of GBX 316 ($3.99) per share, for a total transaction of £40,053 ($50,552.82).

TR Property Investment Trust Trading Down 0.3 %

Shares of LON TRY opened at GBX 310 ($3.91) on Friday. The company’s fifty day moving average is GBX 325.76 and its 200-day moving average is GBX 332.09. The stock has a market cap of £983.79 million, a price-to-earnings ratio of -176.14 and a beta of 0.93. TR Property Investment Trust plc has a twelve month low of GBX 302.50 ($3.82) and a twelve month high of GBX 360 ($4.54). The company has a quick ratio of 3.14, a current ratio of 4.28 and a debt-to-equity ratio of 7.12.

TR Property Investment Trust Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, December 12th will be given a dividend of GBX 5.65 ($0.07) per share. The ex-dividend date is Thursday, December 12th. This represents a dividend yield of 1.78%. TR Property Investment Trust’s dividend payout ratio is -852.27%.

About TR Property Investment Trust

TR Property Investment Trust plc is a closed-ended equity mutual fund launched by F&C Investment Business Ltd. The fund is managed by Thames River Capital LLP. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies that are operating in the real estate sector.