Industrial Logistics Properties Trust (ILPT) Soars 14.7%: Is Further Upside Left in the Stock?
Industrial Logistics Properties Trust (ILPT) shares ended the last trading session 14.7% higher at $5.39. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 32% gain over the past four weeks.The increased investor optimism in the stock can be attributed to the company’s recent announcement to pay a quarterly cash dividend of 5 cents per share, reflecting a 400% hike from the prior quarter. The dividend will be paid ou ...