Foresight VCT (LON:FTV) Posts Quarterly Earnings Results

Foresight VCT (LON:FTV - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported GBX 0.70 ($0.01) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Foresight VCT had a return on equity of 10.05% and a net margin of 75.85%.

Foresight VCT Stock Down 2.2 %

LON:FTV traded down GBX 1.50 ($0.02) during trading hours on Tuesday, reaching GBX 68 ($0.91). 1,659 shares of the company's stock were exchanged, compared to its average volume of 124,029. The business's 50-day simple moving average is GBX 74.21 and its two-hundred day simple moving average is GBX 73.66. The company has a market capitalization of £204.25 million, a P/E ratio of 8.30 and a beta of 0.04. Foresight VCT has a 12 month low of GBX 67.50 ($0.90) and a 12 month high of GBX 84 ($1.12).

Foresight VCT Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be paid a GBX 6.40 ($0.09) dividend. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 8.59%. This is a boost from Foresight VCT's previous dividend of $4.40. Foresight VCT's payout ratio is currently 48.81%.

Foresight VCT Company Profile

Foresight VCT Plc is a private equity and buyouts firm, venture capital trust and managed by Foresight Group. This fund invests in SME, later stage growth capital opportunities across a range of sectors. It engages in investments in unquoted or AIM-listed companies in the United Kingdom. It invests in technology companies in United Kingdom.