M&G Credit Income Investment (LON:MGCI) Announces Earnings Results

M&G Credit Income Investment (LON:MGCI - Get Free Report) released its earnings results on Friday. The company reported GBX 7.46 ($0.10) EPS for the quarter, Digital Look Earnings reports. M&G Credit Income Investment had a net margin of 88.81% and a return on equity of 10.78%.

M&G Credit Income Investment Stock Up 1.0 %

MGCI stock traded up GBX 1 ($0.01) during trading on Tuesday, reaching GBX 97.80 ($1.26). The company's stock had a trading volume of 127,321 shares, compared to its average volume of 316,853. The company's fifty day moving average is GBX 96.21 and its 200-day moving average is GBX 96.50. The company has a market capitalization of £145.02 million, a P/E ratio of 9.32 and a beta of 0.38. M&G Credit Income Investment has a 1 year low of GBX 89 ($1.15) and a 1 year high of GBX 100 ($1.29).

M&G Credit Income Investment Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 30th were paid a dividend of GBX 2.09 ($0.03) per share. This represents a dividend yield of 2.14%. The ex-dividend date was Thursday, January 30th. M&G Credit Income Investment's dividend payout ratio (DPR) is 76.27%.

Insider Buying and Selling

In related news, insider Barbara Powley bought 12,000 shares of the company's stock in a transaction on Thursday, March 27th. The shares were acquired at an average price of GBX 96 ($1.24) per share, with a total value of £11,520 ($14,883.72). 7.21% of the stock is owned by insiders.

M&G Credit Income Investment Company Profile

M&G Credit Income Investment Trust plc invests in a portfolio of public and private debt and debt-like instruments. The company was incorporated in 2018 and is based in London, the United Kingdom.