Hansa Investment (LON:HAN) Sets New 52-Week Low - Here's Why

Hansa Investment Company Ltd (LON:HAN - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 188.36 ($2.47) and last traded at GBX 200 ($2.62), with a volume of 18759 shares. The stock had previously closed at GBX 204.30 ($2.67).

Hansa Investment Stock Up 4.9 %

The business has a 50-day moving average price of GBX 231.10 and a 200-day moving average price of GBX 233.63. The firm has a market capitalization of £237.81 million, a price-to-earnings ratio of 2.78 and a beta of 0.68.

Hansa Investment Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, April 10th will be paid a dividend of GBX 1.10 ($0.01) per share. This represents a yield of 1.18%. This is an increase from Hansa Investment's previous dividend of $0.80. The ex-dividend date is Thursday, April 10th. Hansa Investment's payout ratio is 3.90%.

About Hansa Investment

Hansa Investment Company Limited is a closed-ended equity fund of funds launched and managed by Hanseatic Asset Management LBG. The fund is co-managed by Hansa Capital Partners LLP. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.