Develop North (LON:DVNO) Announces Dividend of GBX 1

Develop North (LON:DVNO) declared a dividend on Wednesday, March 12th, DividendData.Co.Uk reports. Investors of record on Thursday, March 20th will be given a dividend of GBX 1 ($0.01) per share on Friday, April 11th. This represents a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, March 20th. The official announcement can be accessed at this link.

Develop North Price Performance

DVNO remained flat at GBX 78 ($1.01) on Tuesday. The company’s stock had a trading volume of 11,500 shares, compared to its average volume of 18,663. The stock’s 50-day moving average is GBX 74.82 and its 200 day moving average is GBX 76.38. The firm has a market cap of £19.57 million, a PE ratio of 23.12 and a beta of 0.16. Develop North has a 12-month low of GBX 68 ($0.88) and a 12-month high of GBX 86 ($1.12).

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.