Maven Income and Growth VCT 3 (LON:MIG3) Posts Earnings Results

Maven Income and Growth VCT 3 (LON:MIG3 - Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX 0.49 ($0.01) EPS for the quarter, Digital Look Earnings reports. Maven Income and Growth VCT 3 had a return on equity of 1.12% and a net margin of 26.21%.

Maven Income and Growth VCT 3 Stock Performance

Shares of Maven Income and Growth VCT 3 stock remained flat at GBX 49 ($0.63) during trading on Friday. Maven Income and Growth VCT 3 has a fifty-two week low of GBX 46 ($0.59) and a fifty-two week high of GBX 51 ($0.66). The stock has a market capitalization of £61.08 million, a price-to-earnings ratio of 83.81 and a beta of 0.13. The company has a 50 day moving average price of GBX 48.33 and a two-hundred day moving average price of GBX 48.98.

Maven Income and Growth VCT 3 Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 9th. Investors of record on Thursday, March 27th will be given a dividend of GBX 2.15 ($0.03) per share. The ex-dividend date is Thursday, March 27th. This is a boost from Maven Income and Growth VCT 3's previous dividend of $1.00. This represents a dividend yield of 4.39%. Maven Income and Growth VCT 3's dividend payout ratio (DPR) is 513.12%.

Maven Income and Growth VCT 3 Company Profile

Maven Income and Growth VCT 3 PLC is a venture capital trust fund specializing in development capital and early stage investments. In case of private companies, the fund prefers to invest in later stage. It does not invest in hostile public to private transactions. The fund's objective is to achieve long-term capital appreciation principally through investment in smaller unquoted companies and AIM quoted companies in the United Kingdom with strong growth potential.