Aurora Property Buy-Write Income Trust (ASX:AUP)’s stock price fell 48.5% during mid-day trading on Friday . The stock traded as low as A$1.90 ($1.35) and last traded at A$1.90 ($1.35), 2 shares changed hands during mid-day trading. The stock had previously closed at A$3.69 ($2.62).
The stock has a market cap of $3.85 million and a price-to-earnings ratio of -3.79. The stock’s 50 day moving average price is A$1.78.
The company also recently announced a Final dividend, which will be paid on Sunday, August 18th. Investors of record on Sunday, August 18th will be paid a $0.037 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a yield of 2.1%. Aurora Property Buy-Write Income Trust’s dividend payout ratio (DPR) is currently -29.94%.
In other news, insider John Patton bought 33,472 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The stock was acquired at an average cost of A$1.85 ($1.31) per share, for a total transaction of A$61,923.20 ($43,917.16).
About Aurora Property Buy-Write Income Trust (ASX:AUP)
Aurora Property Buy-Write Income Trust is an open ended equity mutual fund launched by Aurora Funds Management Limited. The fund is managed by Barclays Capital, Inc The fund invests in the public equity markets of Australia. It employs put and call option strategy to hedge its risk. The fund benchmarks the portfolio of its investments against S&P/ASX 300 Property Trust Index.
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