Insider Buying: Octopus Apollo VCT (LON:OAP3) Insider Acquires 60,279 Shares of Stock

Octopus Apollo VCT (LON:OAP3 - Get Free Report) insider Murray Steele purchased 60,279 shares of the company's stock in a transaction on Tuesday, April 1st. The stock was acquired at an average cost of GBX 54 ($0.70) per share, for a total transaction of £32,550.66 ($41,973.77).

Octopus Apollo VCT Stock Up 3.2 %

LON:OAP3 traded up GBX 1.50 ($0.02) during trading hours on Friday, reaching GBX 49 ($0.63). The company had a trading volume of 209 shares, compared to its average volume of 359,607. The business's 50-day simple moving average is GBX 45.76 and its two-hundred day simple moving average is GBX 45.79. Octopus Apollo VCT has a twelve month low of GBX 42.75 ($0.55) and a twelve month high of GBX 50 ($0.64). The firm has a market cap of £471.33 million, a price-to-earnings ratio of -81.81 and a beta of -0.09.

Octopus Apollo VCT Announces Dividend

The company also recently declared a dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be paid a dividend of GBX 1.30 ($0.02) per share. This represents a yield of 2.74%. The ex-dividend date of this dividend is Thursday, April 17th. Octopus Apollo VCT's dividend payout ratio (DPR) is currently -500.88%.

About Octopus Apollo VCT

Octopus Apollo VCT plc is a venture capital trust specializing in development and expansion investments in smaller unquoted companies. The fund invests in small and medium sized companies in the United Kingdom. It typically invests in companies with debt investment values between £1 million ($1.64 million) and £2 million ($3.29 million).