TOC Property Backed Lending Trust PLC (PBLT) Declares Dividend of GBX 1.50

TOC Property Backed Lending Trust PLC (LON:PBLT) announced a dividend on Thursday, November 30th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 7th will be given a dividend of GBX 1.50 ($0.02) per share on Friday, December 29th. This represents a yield of 1.45%. The ex-dividend date is Thursday, December 7th. This is a positive change from TOC Property Backed Lending Trust’s previous dividend of $1.00. The official announcement can be accessed at this link.

TOC Property Backed Lending Trust (PBLT) traded up GBX 102.46 ($1.38) during mid-day trading on Wednesday, reaching GBX 103.50 ($1.39). The company had a trading volume of 227 shares, compared to its average volume of 3,931. TOC Property Backed Lending Trust has a fifty-two week low of GBX 99.50 ($1.34) and a fifty-two week high of GBX 108 ($1.45).

WARNING: This news story was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright legislation. The correct version of this news story can be accessed at https://ledgergazette.com/2017/12/06/toc-property-backed-lending-trust-plc-pblt-declares-dividend-of-gbx-1-50.html.

About TOC Property Backed Lending Trust

TOC Property Backed Lending Trust PLC is a United Kingdom-based closed-end investment company. The Company’s investment objective is to provide shareholders with a consistent and stable income and the potential for an attractive total return over the medium to long term while managing downside risk through a diversified portfolio of fixed rate loans predominantly secured over land and/or property in the United Kingdom, and in many cases, receiving the benefit of an associated profit share usually obtained by acquiring (at nil cost) a minority equity stake in the relevant borrower project development vehicle.

Receive News & Ratings for TOC Property Backed Lending Trust PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TOC Property Backed Lending Trust PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply