Develop North (LON:DVNO) to Issue GBX 1 Dividend

Develop North (LON:DVNO) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 5th will be given a dividend of GBX 1 ($0.01) per share on Friday, December 27th. This represents a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be seen at this link.

Develop North Trading Down 10.0 %

LON DVNO traded down GBX 7.80 ($0.10) during trading on Tuesday, hitting GBX 70.20 ($0.89). The company had a trading volume of 4,294 shares, compared to its average volume of 15,014. Develop North has a one year low of GBX 68 ($0.86) and a one year high of GBX 88 ($1.11). The company’s fifty day moving average is GBX 76.72 and its 200-day moving average is GBX 76.10. The company has a market cap of £17.54 million, a price-to-earnings ratio of 7,020.00 and a beta of 0.16. The company has a current ratio of 93.57, a quick ratio of 6.87 and a debt-to-equity ratio of 13.50.

Develop North Company Profile

Develop North PLC, an investment company, provides a portfolio of fixed rate loans primarily secured over land and/or property in the United Kingdom. The company also invests in financial assets comprising loans. It makes investments primarily through senior secured loans; and other loans, such as bridging loans, selected loan financings, subordinated loans, and other debt instruments.