Albion Venture Capital Trust PLC (LON:AAVC) declared a dividend on Wednesday, July 1st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 9th will be paid a dividend of GBX 2.50 ($0.03) per share on Friday, July 31st. This represents a yield of 3.7%. The ex-dividend date is Thursday, July 9th. The official announcement can be accessed at this link.
Shares of LON AAVC opened at GBX 67.50 ($0.83) on Tuesday. The company has a market cap of $68.61 million and a price-to-earnings ratio of 14.06. Albion Venture Capital Trust has a 12 month low of GBX 50 ($0.62) and a 12 month high of GBX 75.50 ($0.93). The stock has a 50-day moving average price of GBX 64.30 and a two-hundred day moving average price of GBX 67.79.
About Albion Venture Capital Trust
Albion Venture Capital Trust PLC is a United Kingdom-based venture capital trust. The principal activity of the Company is to select and hold a portfolio of investments in unquoted securities. The Company’s investment objective is to manage the risk normally associated with investments in smaller unquoted companies whilst maintaining an attractive yield, through allowing investors the opportunity to participate in a balanced portfolio of asset-backed businesses.
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