Invesco Bond Income Plus (LON:BIPS) Trading 0.6% Higher - What's Next?

Invesco Bond Income Plus Limited (LON:BIPS - Get Free Report)'s share price was up 0.6% during mid-day trading on Wednesday . The company traded as high as GBX 174.50 ($2.25) and last traded at GBX 174.50 ($2.25). Approximately 323,037 shares were traded during mid-day trading, an increase of 5% from the average daily volume of 306,581 shares. The stock had previously closed at GBX 173.50 ($2.24).

Invesco Bond Income Plus Price Performance

The firm has a market cap of £351.32 million, a PE ratio of 8.86 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 company has a 50 day moving average price of GBX 172.11 and a 200 day moving average price of GBX 171.68.

Invesco Bond Income Plus Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, January 16th were given a dividend of GBX 2.88 ($0.04) per share. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 1.72%. Invesco Bond Income Plus's payout ratio is 61.45%.

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.