Maven Income and Growth VCT 3 PLC (LON:MIG3) Plans Dividend Increase - GBX 2.15 Per Share

Maven Income and Growth VCT 3 PLC (LON:MIG3 - Get Free Report) announced a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Investors of record on Thursday, March 27th will be paid a dividend of GBX 2.15 ($0.03) per share on Friday, May 9th. This represents a dividend yield of 4.39%. The ex-dividend date is Thursday, March 27th. This is a 115.0% increase from Maven Income and Growth VCT 3's previous dividend of $1.00. The official announcement can be viewed at this link.

Maven Income and Growth VCT 3 Stock Down 2.1 %

Maven Income and Growth VCT 3 stock traded down GBX 1 ($0.01) during midday trading on Friday, hitting GBX 46.40 ($0.60). The stock has a market capitalization of £57.84 million, a PE ratio of 79.36 and a beta of 0.13. The business has a fifty day moving average price of GBX 48.34 and a two-hundred day moving average price of GBX 49.06. Maven Income and Growth VCT 3 has a 12 month low of GBX 46 ($0.60) and a 12 month high of GBX 51 ($0.66).

Maven Income and Growth VCT 3 (LON:MIG3 - Get Free Report) last issued its quarterly earnings data on Tuesday, March 18th. The company reported GBX 0.49 ($0.01) EPS for the quarter. Maven Income and Growth VCT 3 had a return on equity of 1.12% and a net margin of 26.21%.

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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.