Albion Development VCT PLC (LON:AADV - Get Free Report)'s stock price rose 1.7% during mid-day trading on Tuesday . The company traded as high as GBX 87.50 ($1.13) and last traded at GBX 87.50 ($1.13). Approximately 790 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 59,435 shares. The stock had previously closed at GBX 86 ($1.12).
Albion Development VCT Trading Up 1.7 %
The firm has a 50-day moving average of GBX 88.50 and a 200 day moving average of GBX 86.58. The company has a market cap of £130.10 million, a P/E ratio of 972.22 and a beta of 0.04.
Albion Development VCT Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, October 25th. Shareholders of record on Thursday, October 3rd were issued a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 3.37%. This is a boost from Albion Development VCT's previous dividend of $2.40. The ex-dividend date of this dividend was Thursday, October 3rd. Albion Development VCT's dividend payout ratio is presently 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.
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