CVC Income & Growth GBP (LON:CVCG) Declares Dividend Increase – GBX 3.30 Per Share

CVC Income & Growth GBP (LON:CVCG) declared a dividend on Friday, January 24th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, February 6th will be given a dividend of GBX 3.30 ($0.04) per share on Friday, February 28th. This represents a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, February 6th. This is a positive change from CVC Income & Growth GBP’s previous dividend of $2.06. The official announcement can be accessed at this link.

CVC Income & Growth GBP Stock Down 0.4 %

CVCG opened at GBX 121.50 ($1.51) on Tuesday. The firm has a market capitalization of £154.62 million and a P/E ratio of 2,429.98. CVC Income & Growth GBP has a 12-month low of GBX 102.50 ($1.28) and a 12-month high of GBX 127 ($1.58). The stock’s 50 day moving average price is GBX 120.48 and its two-hundred day moving average price is GBX 118.28.

About CVC Income & Growth GBP

CVC Income & Growth Limited is a closed-ended fixed income mutual fund of fund launched by Goldman Sachs International. The fund is managed by CVC Credit Partners Investment Management Ltd. It invests in the fixed income markets of Western Europe. The fund seeks to invest in securities of companies across diversified sectors.