The Income & Growth VCT (LON:IGV) to Issue GBX 3 Dividend

The Income & Growth VCT (LON:IGV) declared a dividend on Wednesday, September 11th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be paid a dividend of GBX 3 ($0.04) per share on Friday, October 18th. This represents a yield of 4.35%. The ex-dividend date of this dividend is Thursday, September 19th. The official announcement can be viewed at this link.

Income & Growth VCT Stock Performance

Shares of IGV stock opened at GBX 69 ($0.91) on Wednesday. The stock’s fifty day moving average is GBX 68.50 and its two-hundred day moving average is GBX 68.96. The firm has a market capitalization of £184.44 million, a P/E ratio of 1,725.00 and a beta of 0.19. Income & Growth VCT has a fifty-two week low of GBX 65.50 ($0.87) and a fifty-two week high of GBX 75 ($0.99).

Income & Growth VCT Company Profile

The Income & Growth VCT plc is a venture capital trust. It invests in companies at various stages of development. The fund invests in unquoted and new and secondary issues of quoted companies, which already have a trading facility on the Alternative Investment Market or on OFEX. It primarily makes investments in support services, software and computer services and general retailers.