US Masters Residential Property Fund Unit (ASX:URF) Stock Price Down 6.7%

US Masters Residential Property Fund Unit (ASX:URF)’s stock price dropped 6.7% during mid-day trading on Thursday . The stock traded as low as A$0.70 ($0.50) and last traded at A$0.70 ($0.50), approximately 167,569 shares changed hands during mid-day trading. The stock had previously closed at A$0.75 ($0.53).

The company has a debt-to-equity ratio of 91.42, a quick ratio of 5.89 and a current ratio of 9.10. The stock’s 50 day moving average is A$0.84. The firm has a market cap of $263.77 million and a PE ratio of -6.25.

The firm also recently disclosed a Interim dividend, which will be paid on Friday, August 23rd. Shareholders of record on Friday, August 23rd will be paid a $0.01 dividend. The ex-dividend date is Thursday, June 27th. This represents a yield of 1.12%. US Masters Residential Property Fund Unit’s dividend payout ratio is -53.57%.

US Masters Residential Property Fund Unit Company Profile (ASX:URF)

US Masters Residential Property Fund (Fund) was established in 2011 and is listed on the Australian Securities Exchange (URF.ASX). The Fund was established to give investors exposure to US residential property and is the largest Australian-listed property trust with a primary strategy of investing in freestanding and multi-tenant US residential property in the New York metropolitan area.

Featured Story: What is the Quick Ratio?

Receive News & Ratings for US Masters Residential Property Fund Unit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Masters Residential Property Fund Unit and related companies with MarketBeat.com's FREE daily email newsletter.