Aims Property Securities Fund (ASX:APW) Stock Price Down 1.8%

Aims Property Securities Fund (ASX:APW)’s share price dropped 1.8% during trading on Thursday . The stock traded as low as A$1.37 ($0.97) and last traded at A$1.37 ($0.97), approximately 1,800 shares changed hands during trading. The stock had previously closed at A$1.39 ($0.99).

The firm’s fifty day simple moving average is A$1.41. The company has a market cap of $61.25 million and a price-to-earnings ratio of 5.31.

The business also recently declared a Final dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, September 13th will be issued a dividend of $0.006 per share. This represents a dividend yield of 0.42%. The ex-dividend date is Thursday, June 27th. Aims Property Securities Fund’s dividend payout ratio is currently 7.78%.

In other Aims Property Securities Fund news, insider Richard Nott acquired 21,900 shares of the firm’s stock in a transaction that occurred on Tuesday, July 16th. The stock was purchased at an average cost of A$1.43 ($1.01) per share, for a total transaction of A$31,251.30 ($22,164.04).

Aims Property Securities Fund Company Profile (ASX:APW)

Aims Property Securities Fund is a close-ended fund of funds launched by MacArthurCook Ltd. The fund is managed by MacarthurCook Fund Management Limited. It invests in the funds investing in the real estate sector including unlisted property trusts/syndicates, wholesale property funds, listed property trust, listed property-related companies, and cash and fixed interest securities.

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