Diverse Income Trust (LON:DIVI) Increases Dividend to GBX 1.05 Per Share

Diverse Income Trust (LON:DIVI) declared a dividend on Tuesday, February 11th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 20th will be paid a dividend of GBX 1.05 ($0.01) per share on Friday, May 30th. This represents a dividend yield of 1.14%. The ex-dividend date is Thursday, March 20th. This is a 5.0% increase from Diverse Income Trust’s previous dividend of $1.00. The official announcement can be seen at this link.

Diverse Income Trust Stock Performance

Shares of DIVI stock remained flat at GBX 91 ($1.18) during mid-day trading on Tuesday. The stock had a trading volume of 574,689 shares, compared to its average volume of 584,800. Diverse Income Trust has a twelve month low of GBX 83 ($1.08) and a twelve month high of GBX 95.80 ($1.24). The firm has a market capitalization of £214.68 million and a P/E ratio of -505.56. The firm’s 50-day moving average is GBX 92.50 and its 200-day moving average is GBX 91.69.

Diverse Income Trust (LON:DIVI) last posted its quarterly earnings data on Tuesday, February 11th. The company reported GBX 2.63 ($0.03) EPS for the quarter.

Diverse Income Trust Company Profile

The Company aims to provide shareholders with an attractive and growing level of dividends coupled with capital growth over the long term.

The Company invests primarily in quoted or traded UK companies with a wide range of market capitalisations, but a long-term bias toward small and mid-cap equities.