M&G Credit Income Investment (LON:MGCI - Get Free Report) was down 0.6% on Wednesday . The stock traded as low as GBX 95.26 ($1.28) and last traded at GBX 95.86 ($1.29). Approximately 2,602,044 shares were traded during mid-day trading, an increase of 559% from the average daily volume of 395,089 shares. The stock had previously closed at GBX 96.40 ($1.29).
M&G Credit Income Investment Stock Up 0.2 %
The company has a market capitalization of £142.94 million, a PE ratio of 9.19 and a beta of 0.38. The company has a 50-day moving average price of GBX 95.96 and a two-hundred day moving average price of GBX 96.36.
M&G Credit Income Investment (LON:MGCI - Get Free Report) last posted its 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 return on equity of 10.78% and a net margin of 88.81%.
M&G Credit Income Investment Increases Dividend
The firm 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 represents a yield of 4.18%. This is a boost from M&G Credit Income Investment's previous dividend of $2.09. The ex-dividend date of this dividend was Thursday, April 10th. M&G Credit Income Investment's payout ratio is presently 76.27%.
Insider Buying and Selling
In other M&G Credit Income Investment news, insider Richard Boleat bought 15,000 shares of M&G Credit Income Investment stock in a transaction that occurred on Wednesday, April 2nd. The stock was acquired at an average cost of GBX 97 ($1.30) per share, for a total transaction of £14,550 ($19,514.48). Also, insider Barbara Powley acquired 12,000 shares of the business's stock in a transaction dated Thursday, March 27th. The stock was purchased at an average price of GBX 96 ($1.29) per share, with a total value of £11,520 ($15,450.64). 7.21% of the stock is owned by company 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.
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