Shares of Albion Development VCT PLC (LON:AADV - Get Free Report) were down 2.9% during trading on Wednesday . The stock traded as low as GBX 83.50 ($1.06) and last traded at GBX 83.50 ($1.06). Approximately 5,834 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 57,441 shares. The stock had previously closed at GBX 86 ($1.09).
Albion Development VCT Price Performance
The company has a market capitalization of £128.62 million, a PE ratio of 961.11 and a beta of 0.04. The business has a 50-day moving average of GBX 86.61 and a 200 day moving average of GBX 86.54.
Albion Development VCT Increases Dividend
The company also recently announced a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, October 3rd were given a GBX 3 ($0.04) dividend. This is an increase from Albion Development VCT's previous dividend of $2.40. This represents a dividend yield of 3.37%. The ex-dividend date of this dividend was Thursday, October 3rd. Albion Development VCT's payout ratio is currently 5,555.56%.
Albion Development VCT Company Profile
(
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Albion Development VCT PLC is a venture capital trust specialized investments in early stage and growth stage investments. The fund provides equity and debt finance to growing unquoted companies across various sectors. The fund invests in technology-orientated companies, service and asset-backed businesses software and computer services, fintech and medical technology sectors.
Further Reading
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