Shares of Diverse Income Trust PLC (LON:DIVI) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 89.40 ($1.17) and last traded at GBX 92 ($1.20), with a volume of 181515 shares trading hands. The stock had previously closed at GBX 93.30 ($1.22).
The company also recently disclosed a dividend, which will be paid on Thursday, February 28th. Stockholders of record on Thursday, December 27th will be given a dividend of GBX 0.80 ($0.01) per share. This represents a dividend yield of 0.8%. The ex-dividend date is Thursday, December 27th.
About Diverse Income Trust (LON:DIVI)
The Diverse Income Trust plc is a closed-ended equity mutual fund launched and managed by Miton Trust Managers Limited. It is co-managed by Miton Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.
Further Reading: Diversification Important in Investing
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