Maven Income & Growth VCT (LON:MIG1) Declares Dividend Increase – GBX 1.15 Per Share

Maven Income & Growth VCT (LON:MIG1) announced a dividend on Friday, April 26th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 20th will be paid a dividend of GBX 1.15 ($0.01) per share on Friday, July 19th. This represents a dividend yield of 3.03%. The ex-dividend date of this dividend is Thursday, June 20th. This is a boost from Maven Income & Growth VCT’s previous dividend of $1.00. The official announcement can be seen at this link.

Maven Income & Growth VCT Stock Performance

Shares of LON MIG1 opened at GBX 38 ($0.47) on Friday. The business’s 50 day moving average price is GBX 37.94 and its 200-day moving average price is GBX 37.87. Maven Income & Growth VCT has a fifty-two week low of GBX 36.20 ($0.45) and a fifty-two week high of GBX 42 ($0.52). The company has a market cap of £57.25 million, a price-to-earnings ratio of 3,900.00 and a beta of -0.01.

Insider Buying and Selling at Maven Income & Growth VCT

In other news, insider Andrew Harrington bought 50,517 shares of the company’s stock in a transaction dated Thursday, February 8th. The stock was bought at an average cost of GBX 40 ($0.49) per share, for a total transaction of £20,206.80 ($24,958.99). Company insiders own 0.36% of the company’s stock.

Maven Income & Growth VCT Company Profile

Maven Income and Growth VCT PLC is a venture capital trust fund. The fund invests in management buy-in, buy-out, buy & build and replacement capital. The fund does not invest in hostile public to private transactions. It invests in containers and packing; construction and engineering; transportation; consumer durables and apparel; hotels; media; retail; healthcare; telecommunication services sectors, industrials, non-financials, energy services, financials, consumer goods and services.