Tetragon Financial (LON:TFG) Reaches New 52-Week High Following Dividend Announcement

Tetragon Financial (LON:TFGGet Free Report)’s stock price hit a new 52-week high on Tuesday after the company announced a dividend. The company traded as high as GBX 12.70 ($0.16) and last traded at GBX 12.62 ($0.16), with a volume of 55134 shares traded. The stock had previously closed at GBX 12.35 ($0.16).

The newly announced dividend which will be paid on Wednesday, November 27th. Investors of record on Friday, November 1st will be given a dividend of $0.11 per share. This represents a yield of 0.87%. The ex-dividend date of this dividend is Friday, November 1st. Tetragon Financial’s payout ratio is currently 2,875.82%.

Tetragon Financial Stock Performance

The company has a current ratio of 0.53, a quick ratio of 6.03 and a debt-to-equity ratio of 10.63. The stock has a market cap of £10.44 million, a PE ratio of 8.41 and a beta of 0.46. The business’s 50-day moving average price is GBX 10.57 and its 200-day moving average price is GBX 10.26.

Tetragon Financial Company Profile

(Get Free Report)

Tetragon Financial Group Limited is a close ended feeder fund launched and managed by Tetragon Financial Management LP. The fund invests its entire corpus in Tetragon Financial Group Master Fund Limited. It was formerly known as Tetragon Credit Income Fund Limited. Tetragon Financial Group Limited was formed on June 23, 2005 and is domiciled in the Guernsey, Channel Islands.

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