Shares of Fair Oaks Income Limited (LON:FAIR – Get Free Report) were up 2.2% on Thursday . The stock traded as high as GBX 0.59 ($0.01) and last traded at GBX 0.58 ($0.01). Approximately 412,796 shares changed hands during trading, an increase of 48% from the average daily volume of 278,286 shares. The stock had previously closed at GBX 0.57 ($0.01).
Fair Oaks Income Price Performance
The stock has a market capitalization of £2.25 million and a P/E ratio of 7.28. The company has a fifty day simple moving average of GBX 0.56 and a two-hundred day simple moving average of GBX 0.55.
Fair Oaks Income Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Thursday, February 29th were issued a dividend of $0.02 per share. This represents a dividend yield of 3.51%. The ex-dividend date of this dividend was Thursday, February 29th. Fair Oaks Income’s dividend payout ratio (DPR) is presently 10,000.00%.
About Fair Oaks Income
Fair Oaks Income Limited is a feeder fund launched and managed by Fair Oaks Capital Limited. The fund invests its entire corpus in FOIF II LP and FOMC III LP. Fair Oaks Income Limited was formed on March 7, 2014 and is domiciled in the Channel Islands.
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