Industrial Logistics Properties Trust (NASDAQ:ILPT) declared a quarterly dividend on Thursday, July 15th, Zacks reports. Shareholders of record on Monday, July 26th will be given a dividend of 0.33 per share on Thursday, August 19th. This represents a $1.32 annualized dividend and a dividend yield of 4.82%. The ex-dividend date of this dividend is Friday, July 23rd.
Shares of NASDAQ:ILPT opened at $27.39 on Thursday. The firm’s fifty day moving average price is $25.95. The company has a debt-to-equity ratio of 0.86, a quick ratio of 6.56 and a current ratio of 6.56. Industrial Logistics Properties Trust has a 12-month low of $18.76 and a 12-month high of $27.71. The firm has a market cap of $1.79 billion, a P/E ratio of 14.71, a P/E/G ratio of 6.44 and a beta of 1.00.
Industrial Logistics Properties Trust (NASDAQ:ILPT) last posted its quarterly earnings results on Sunday, April 25th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.15). Industrial Logistics Properties Trust had a net margin of 36.22% and a return on equity of 8.50%. Analysts expect that Industrial Logistics Properties Trust will post 1.88 EPS for the current year.
About Industrial Logistics Properties Trust
ILPT is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.
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