Ground Rents Income Fund (LON:GRIO) announced a dividend on Thursday, May 17th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 24th will be given a dividend of GBX 0.98 ($0.01) per share on Friday, June 29th. This represents a dividend yield of 0.89%. The ex-dividend date is Thursday, May 24th. The official announcement can be accessed at this link.
Ground Rents Income Fund opened at GBX 108.04 ($1.47) on Friday, according to MarketBeat Ratings. Ground Rents Income Fund has a 1 year low of GBX 114 ($1.55) and a 1 year high of GBX 142 ($1.93).
About Ground Rents Income Fund
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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