Fair Oaks Income Limited (LON:FA17 – Get Rating) shares dropped 0.9% on Wednesday . The stock traded as low as GBX 0.56 ($0.01) and last traded at GBX 0.56 ($0.01). Approximately 53,301 shares were traded during mid-day trading, an increase of 168% from the average daily volume of 19,864 shares. The stock had previously closed at GBX 0.56 ($0.01).
Fair Oaks Income Trading Down 0.9 %
The firm’s 50-day moving average price is GBX 0.56 and its two-hundred day moving average price is GBX 0.56. The stock has a market cap of £308,469.00 and a PE ratio of -4.42.
Fair Oaks Income Announces Dividend
The company also recently announced a dividend, which will be paid on Friday, June 30th. Investors of record on Thursday, June 1st will be given a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, June 1st. This represents a yield of 3.57%.
About Fair Oaks Income
Fair Oaks Income Limited is a feeder fund launched and managed by Fair Oaks Capital Limited. The fund invests its entire corpus in FOIF II LP and FOMC III LP. Fair Oaks Income Limited was formed on March 7, 2014 and is domiciled in the Channel Islands.
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