Shares of M&G Credit Income Investment (LON:MGCI - Get Free Report) traded down 0.8% during trading on Thursday . The stock traded as low as GBX 94 ($1.26) and last traded at GBX 95 ($1.27). 351,074 shares traded hands during trading, a decline of 19% from the average session volume of 434,143 shares. The stock had previously closed at GBX 95.80 ($1.28).
M&G Credit Income Investment Price Performance
The stock has a market capitalization of £140.87 million, a PE ratio of 9.06 and a beta of 0.38. The stock's 50-day moving average is GBX 95.76 and its 200 day moving average is GBX 96.15.
M&G Credit Income Investment (LON:MGCI - Get Free Report) last posted its quarterly earnings results on Friday, March 28th. The company reported GBX 7.46 ($0.10) EPS for the quarter. M&G Credit Income Investment had a net margin of 88.81% and a return on equity of 10.78%.
M&G Credit Income Investment Increases Dividend
The company also recently declared a dividend, which was paid on Sunday, April 20th. Stockholders of record on Thursday, April 10th were paid a dividend of GBX 3.10 ($0.04) per share. The ex-dividend date of this dividend was Thursday, April 10th. This is an increase from M&G Credit Income Investment's previous dividend of $2.09. This represents a dividend yield of 4.18%. M&G Credit Income Investment's dividend payout ratio (DPR) is 76.27%.
Insider Activity
In related news, insider Barbara Powley bought 12,000 shares of the business's stock in a transaction on Thursday, March 27th. The shares were bought at an average cost of GBX 96 ($1.29) per share, for a total transaction of £11,520 ($15,448.57). Also, insider Richard Boleat purchased 15,000 shares of the firm's stock in a transaction dated Wednesday, April 2nd. The shares were bought at an average price of GBX 97 ($1.30) per share, with a total value of £14,550 ($19,511.87). 7.21% of the stock is owned by corporate insiders.
About M&G Credit Income Investment
(
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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.
Further Reading
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