M&G Credit Income Investment (LON:MGCI) Insider Purchases £11,520 in Stock

M&G Credit Income Investment (LON:MGCI) insider Barbara Powley purchased 12,000 shares of the business’s stock in a transaction on Thursday, March 27th. The shares were acquired at an average price of GBX 96 ($1.24) per share, with a total value of £11,520 ($14,895.27).

M&G Credit Income Investment Stock Down 0.2 %

Shares of MGCI opened at GBX 96.41 ($1.25) on Monday. The stock has a market capitalization of £142.96 million, a P/E ratio of 9.19 and a beta of 0.38. The firm has a fifty day simple moving average of GBX 96.23 and a two-hundred day simple moving average of GBX 96.50. M&G Credit Income Investment has a twelve month low of GBX 89 ($1.15) and a twelve month high of GBX 100 ($1.29).

M&G Credit Income Investment (LON:MGCI) last released its quarterly earnings results on Friday, March 28th. The company reported GBX 7.46 ($0.10) EPS for the quarter. M&G Credit Income Investment had a return on equity of 10.78% and a net margin of 88.81%.

M&G Credit Income Investment Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 30th were given a dividend of GBX 2.09 ($0.03) per share. The ex-dividend date of this dividend was Thursday, January 30th. This represents a yield of 2.14%. M&G Credit Income Investment’s payout ratio is 76.27%.

About M&G Credit Income Investment

M&G Credit Income Investment Trust plc invests in a portfolio of public and private debt and debt-like instruments. The company was incorporated in 2018 and is based in London, the United Kingdom.