Shares of Value and Income Trust plc (LON:VIN) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $165.08 and traded as low as $159.90. Value and Income Trust shares last traded at $170.00, with a volume of 107,226 shares traded.
The company has a debt-to-equity ratio of 32.45, a quick ratio of 2.02 and a current ratio of 2.02. The firm has a market capitalization of $77.44 million and a P/E ratio of -850.00. The stock’s 50 day simple moving average is GBX 165.08 and its 200 day simple moving average is GBX 203.77.
The business also recently announced a dividend, which will be paid on Friday, August 28th. Shareholders of record on Thursday, July 30th will be paid a GBX 3.40 ($0.04) dividend. This is an increase from Value and Income Trust’s previous dividend of $2.90. This represents a yield of 2.2%. The ex-dividend date of this dividend is Thursday, July 30th. Value and Income Trust’s dividend payout ratio is currently -7,000.00%.
Value and Income Trust plc is a closed-ended equity mutual fund launched by Value & Income Services Limited. The fund is co-managed by OLIM Ltd. and OLIM Property Limited. It invests in the public equity markets of the United Kingdom. The fund also invests in convertible securities. It seeks to invest in stocks of companies operating across diversified sectors.
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