The Diverse Income Trust plc (LON:DIVI – Get Free Report) insider Andrew L. C. Bell purchased 50,000 shares of the company’s stock in a transaction on Thursday, September 21st. The shares were bought at an average price of GBX 82 ($1.02) per share, for a total transaction of £41,000 ($50,786.57).
The Diverse Income Trust Trading Down 2.4 %
DIVI stock opened at GBX 81.40 ($1.01) on Friday. The Diverse Income Trust plc has a 52 week low of GBX 77.40 ($0.96) and a 52 week high of GBX 97 ($1.20). The company has a market capitalization of £259.29 million and a price-to-earnings ratio of -452.22. The firm’s 50-day moving average is GBX 81.45 and its two-hundred day moving average is GBX 84.42.
The Diverse Income Trust Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, September 28th will be given a dividend of GBX 1.20 ($0.01) per share. This represents a dividend yield of 1.47%. This is an increase from The Diverse Income Trust’s previous dividend of $0.95. The ex-dividend date of this dividend is Thursday, September 28th. The Diverse Income Trust’s payout ratio is -2,222.22%.
The Diverse Income Trust Company Profile
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.
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