Ground Rents Income Fund PLC
GRIO.UK
$0.39
Closing
0.00
1D
▲0.64%
YTD
Market cap
$37.10M
52 week high
$0.50
52 week low
$0.35
Volume
53,300
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Market cap
$37.10M
Analysts' Rating
-
Price Target (Mean)
-
Total Analysts
0
P/E
9.08
Operating Margin
29.42%
Beta
0.56
Revenue Growth (Annual)
-8.06%
52 week high
$0.50
52 week low
$0.35
Div. Yield
8.76%
EPS Annual Growth
0.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Ground Rents Income Fund plc is a United Kingdom-based closed-ended real estate investment trust. The Company invests in long-term, income-generating real estate assets across the United Kingdom. It operates through the collection of ground rent from its investment properties segment. The Company’s investment objective is to provide secure long-term performance through investment in long-dated United Kingdom ground rents. Its strategy is to invest in a diversified portfolio of residential and commercial freeholds and head leases offering the potential for income generation from ground rents. Its investments also have the potential for capital growth, linked to contractual increases in ground rents over the long term. Its geographic spread of the portfolio includes the North East, North West, London, Midlands, South West, South East, and Wales. The Company’s investment manager is Schroder Real Estate Investment Management Limited.
