Centuria Industrial REIT (ASX:CIP) Increases Dividend to $0.04 Per Share

Centuria Industrial REIT (ASX:CIP) announced a final dividend on Monday, June 9th, MarketIndexAU Dividends reports. Shareholders of record on Thursday, August 7th will be paid a dividend of 0.041 per share by the real estate investment trust on Thursday, August 7th. This represents a dividend yield of 1.3%. The ex-dividend date is Thursday, June 26th. This is a 2.5% increase from Centuria Industrial REIT’s previous final dividend of $0.04.

Centuria Industrial REIT Price Performance

The company has a current ratio of 1.71, a quick ratio of 0.62 and a debt-to-equity ratio of 54.31. The company has a market cap of $1.82 billion, a PE ratio of 37.75, a P/E/G ratio of -0.43 and a beta of 0.91.

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.