Octopus Titan VCT (LON:OTV2) Releases Earnings Results

Octopus Titan VCT (LON:OTV2 - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX (0.20) ($0.00) EPS for the quarter, Digital Look Earnings reports. Octopus Titan VCT had a net margin of 117.66% and a negative return on equity of 18.89%.

Octopus Titan VCT Stock Performance

Shares of LON:OTV2 remained flat at GBX 36.50 ($0.48) during trading on Friday. Octopus Titan VCT has a 12 month low of GBX 28 ($0.37) and a 12 month high of GBX 61 ($0.81). The company's 50-day moving average is GBX 36.30 and its 200-day moving average is GBX 42.49. The stock has a market capitalization of £581.19 million, a P/E ratio of -3.23 and a beta of -0.09.

Octopus Titan VCT Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, April 24th will be issued a GBX 0.50 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, April 24th. This represents a dividend yield of 1.37%. Octopus Titan VCT's dividend payout ratio is currently -35.39%.

About Octopus Titan VCT

Octopus Titan VCT plc is a venture capital trust specializing in early stage startups, early venture, mid venture, late venture and expansion investments. It invests in companies that are not listed on the main market of the London Stock Exchange. The fund seeks to invest in environmental, technology, media, telecoms, consumer lifestyle and wellbeing sectors.