Centuria Industrial Reit (ASX:CIP) Sets New 52-Week High at $3.60

Centuria Industrial Reit (ASX:CIP) reached a new 52-week high during trading on Monday . The stock traded as high as A$3.60 ($2.55) and last traded at A$3.56 ($2.52), with a volume of 351234 shares traded. The stock had previously closed at A$3.56 ($2.52).

The company has a quick ratio of 0.57, a current ratio of 1.04 and a debt-to-equity ratio of 62.97. The firm’s 50 day simple moving average is A$3.34 and its 200 day simple moving average is A$3.19. The company has a market capitalization of $1.07 billion and a PE ratio of 10.38.

The company also recently disclosed a Interim dividend, which was paid on Wednesday, October 30th. Shareholders of record on Wednesday, October 30th were paid a dividend of $0.047 per share. This represents a yield of 1.41%. This is a positive change from Centuria Industrial Reit’s previous Interim dividend of $0.05. The ex-dividend date was Friday, September 27th. Centuria Industrial Reit’s payout ratio is presently 55.39%.

About Centuria Industrial Reit (ASX:CIP)

Centuria Industrial REIT (ASX: CIP) offers investors a chance to invest in industrial property via a listed property trust. CIP is Australia's largest ASX listed income focused industrial investment vehicle and is included in the S&P ASX300 index. CIP owns a portfolio of 37 high quality industrial assets with a value of $1 billion, the properties are located in key metropolitan locations throughout Australia.

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