Maven Income & Growth VCT (LON:MIG1) Increases Dividend to GBX 1.15 Per Share

Maven Income & Growth VCT (LON:MIG1) declared a dividend on Friday, April 26th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 20th will be given a dividend of GBX 1.15 ($0.01) per share on Friday, July 19th. This represents a dividend yield of 3.03%. The ex-dividend date is Thursday, June 20th. This is a boost from Maven Income & Growth VCT’s previous dividend of $1.00. The official announcement can be seen at this link.

Maven Income & Growth VCT Stock Performance

MIG1 stock opened at GBX 38 ($0.47) on Friday. The company has a market capitalization of £57.25 million, a PE ratio of 3,900.00 and a beta of -0.01. Maven Income & Growth VCT has a 52 week low of GBX 36.20 ($0.45) and a 52 week high of GBX 42 ($0.52). The company’s 50-day simple moving average is GBX 37.94 and its 200 day simple moving average is GBX 37.87.

Insiders Place Their Bets

In other news, insider Andrew Harrington acquired 50,517 shares of Maven Income & Growth VCT stock in a transaction on Thursday, February 8th. The shares were purchased at an average cost of GBX 40 ($0.49) per share, for a total transaction of £20,206.80 ($24,958.99). Corporate insiders own 0.36% of the company’s stock.

About Maven Income & Growth VCT

Maven Income and Growth VCT PLC is a venture capital trust fund. The fund invests in management buy-in, buy-out, buy & build and replacement capital. The fund does not invest in hostile public to private transactions. It invests in containers and packing; construction and engineering; transportation; consumer durables and apparel; hotels; media; retail; healthcare; telecommunication services sectors, industrials, non-financials, energy services, financials, consumer goods and services.