Industrial Logistics Properties Trust (ILPT) Scheduled to Post Quarterly Earnings on Tuesday

Industrial Logistics Properties Trust (NASDAQ:ILPT) will be posting its quarterly earnings results after the market closes on Tuesday, April 30th. Analysts expect Industrial Logistics Properties Trust to post earnings of $0.13 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Industrial Logistics Properties Trust Trading Down 2.2 %

NASDAQ ILPT opened at $3.63 on Monday. Industrial Logistics Properties Trust has a 12 month low of $1.64 and a 12 month high of $4.88. The stock has a 50-day simple moving average of $3.91 and a 200 day simple moving average of $3.75. The company has a market capitalization of $239.00 million, a PE ratio of -2.19 and a beta of 1.73. The company has a current ratio of 5.04, a quick ratio of 5.04 and a debt-to-equity ratio of 3.71.

Industrial Logistics Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 16th. Shareholders of record on Monday, April 22nd will be issued a $0.01 dividend. The ex-dividend date is Friday, April 19th. This represents a $0.04 annualized dividend and a dividend yield of 1.10%. Industrial Logistics Properties Trust’s dividend payout ratio (DPR) is currently -2.41%.

About Industrial Logistics Properties Trust

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2023, ILPT's portfolio consisted of 411 properties containing approximately 60 million rentable square feet located in 39 states.