Invesco Bond Income Plus (LON:BIPS) Trading 0.3% Higher - Here's What Happened

Invesco Bond Income Plus Limited (LON:BIPS - Get Free Report) shares shot up 0.3% during mid-day trading on Friday . The stock traded as high as GBX 173.50 ($2.17) and last traded at GBX 171.50 ($2.14). 298,355 shares traded hands during trading, a decline of 1% from the average session volume of 301,967 shares. The stock had previously closed at GBX 171 ($2.13).

Invesco Bond Income Plus Stock Up 0.3 %

The firm has a market capitalization of £344.05 million, a PE ratio of 862.50 and a beta of 0.40. The company has a current ratio of 0.31, a quick ratio of 0.09 and a debt-to-equity ratio of 12.95. The stock has a 50 day simple moving average of GBX 170.81 and a 200 day simple moving average of GBX 171.35.

Invesco Bond Income Plus Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, January 16th will be issued a GBX 2.88 ($0.04) dividend. This represents a yield of 1.72%. The ex-dividend date of this dividend is Thursday, January 16th. Invesco Bond Income Plus's dividend payout ratio (DPR) is presently 6,000.00%.

Invesco Bond Income Plus Company Profile

Managed by Rhys Davies and Edward Craven, the Company's investment objective is to seek to obtain both high income and capital growth from investment, predominantly in high-yielding fixed-interest securities.