Mobius Investment Trust plc (LON:MMIT) Increases Dividend to GBX 1.70 Per Share

Mobius Investment Trust plc (LON:MMIT - Get Free Report) announced a dividend on Monday, March 10th, DividendData.Co.Uk reports. Investors of record on Thursday, May 1st will be paid a dividend of GBX 1.70 ($0.02) per share on Wednesday, May 28th. This represents a yield of 1.27%. The ex-dividend date of this dividend is Thursday, May 1st. This is a 36.0% increase from Mobius Investment Trust's previous dividend of $1.25. The official announcement can be accessed at this link.

Mobius Investment Trust Price Performance

MMIT remained flat at GBX 124 ($1.65) during trading on Friday. 78,080 shares of the company's stock were exchanged, compared to its average volume of 161,009. Mobius Investment Trust has a 12 month low of GBX 107.70 ($1.43) and a 12 month high of GBX 149.01 ($1.98). The stock has a 50-day moving average of GBX 127.37 and a two-hundred day moving average of GBX 137.21. The stock has a market capitalization of £143.63 million, a PE ratio of 8.30 and a beta of 0.74.

Mobius Investment Trust (LON:MMIT - Get Free Report) last posted its earnings results on Monday, March 10th. The company reported GBX 1.91 ($0.03) EPS for the quarter. Mobius Investment Trust had a return on equity of 10.49% and a net margin of 81.04%.

Mobius Investment Trust Company Profile

Mobius Investment Trust plc (“MMIT”) is a closed-ended investment company listed on London Stock Exchange LSE: MMIT. MMIT provides investors with access to a high conviction portfolio of 20-30 small to mid-cap companies, across emerging and frontier markets. The London listed investment trust will be managed by Mobius Capital Partners LLP (“MCP”), an investment manager launched in May 2018 by Mark Mobius, Carlos Hardenberg and Greg Konieczny.