Centuria Industrial REIT (ASX:CIP) Announces Dividend Increase – $0.04 Per Share

Centuria Industrial REIT (ASX:CIP) declared a interim dividend on Wednesday, September 25th, MarketIndexAU reports. Shareholders of record on Sunday, October 27th will be given a dividend of 0.041 per share by the real estate investment trust on Sunday, October 27th. This represents a yield of 1.22%. The ex-dividend date is Thursday, September 26th. This is an increase from Centuria Industrial REIT’s previous interim dividend of $0.04.

Centuria Industrial REIT Stock Performance

The company has a current ratio of 1.71, a quick ratio of 0.62 and a debt-to-equity ratio of 55.53.

Centuria Industrial REIT Company Profile

CIP is Australia's largest domestic pure play industrial REIT and is included in the S&P/ASX 200 Index. CIP's portfolio of high-quality industrial assets is situated in key metropolitan locations throughout Australia and is underpinned by a quality and diverse tenant base. CIP is overseen by a hands on, active manager and provides investors with income and an opportunity for capital growth from a pure play portfolio of high-quality Australian industrial assets.