M&G Credit Income Investment (LON:MGCI) Plans GBX 2.14 Dividend

M&G Credit Income Investment (LON:MGCI) announced a dividend on Tuesday, October 22nd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 31st will be paid a dividend of GBX 2.14 ($0.03) per share on Friday, November 22nd. This represents a yield of 2.22%. The ex-dividend date is Thursday, October 31st. The official announcement can be accessed at this link.

M&G Credit Income Investment Stock Performance

M&G Credit Income Investment stock traded down GBX 0.60 ($0.01) during trading on Tuesday, reaching GBX 96.40 ($1.25). The company had a trading volume of 216,253 shares, compared to its average volume of 215,291. The firm has a market capitalization of £135.85 million, a price-to-earnings ratio of 1,071.11 and a beta of 0.38. The company has a current ratio of 1.50, a quick ratio of 1.28 and a debt-to-equity ratio of 5.18. The firm’s 50-day simple moving average is GBX 96.16 and its 200 day simple moving average is GBX 95.71. M&G Credit Income Investment has a 52 week low of GBX 88.20 ($1.15) and a 52 week high of GBX 100 ($1.30).

Insider Activity

In other news, insider Barbara Powley bought 535 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was bought at an average price of GBX 94 ($1.22) per share, with a total value of £502.90 ($652.95). Insiders own 7.21% of the company’s stock.

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.