M&G Credit Income Investment (LON:MGCI - Get Free Report)'s share price traded up 0.3% during mid-day trading on Friday . The stock traded as high as GBX 95.85 ($1.30) and last traded at GBX 95.85 ($1.30). 202,972 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 472,450 shares. The stock had previously closed at GBX 95.60 ($1.30).
M&G Credit Income Investment Stock Performance
The business's fifty day moving average is GBX 95.57 and its 200-day moving average is GBX 96.05. The firm has a market cap of £142.13 million, a P/E ratio of 9.14 and a beta of 0.38.
M&G Credit Income Investment (LON:MGCI - Get Free Report) last announced its quarterly earnings results on Friday, March 28th. The company reported GBX 7.46 ($0.10) earnings per share (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 business also recently announced a dividend, which was paid on Sunday, April 20th. Investors of record on Thursday, April 10th were given a dividend of GBX 3.10 ($0.04) per share. This is a positive change from M&G Credit Income Investment's previous dividend of $2.09. This represents a yield of 4.18%. The ex-dividend date was Thursday, April 10th. M&G Credit Income Investment's dividend payout ratio (DPR) is currently 76.27%.
Insiders Place Their Bets
In other news, insider Barbara Powley purchased 12,000 shares of the stock in a transaction on Thursday, March 27th. The stock was purchased at an average price of GBX 96 ($1.30) per share, for a total transaction of £11,520 ($15,643.67). Also, insider Richard Boleat purchased 15,000 shares of the company's stock in a transaction dated Wednesday, April 2nd. The stock was purchased at an average price of GBX 97 ($1.32) per share, for a total transaction of £14,550 ($19,758.28). Company insiders own 7.21% of the company's stock.
M&G Credit Income Investment Company Profile
(
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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.
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