The Diverse Income Trust plc (LON:DIVI) Plans Dividend Increase – GBX 1.05 Per Share

The Diverse Income Trust plc (LON:DIVI) declared a dividend on Tuesday, April 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 20th will be paid a dividend of GBX 1.05 ($0.01) per share on Friday, August 30th. This represents a dividend yield of 1.2%. The ex-dividend date is Thursday, June 20th. This is a positive change from The Diverse Income Trust’s previous dividend of $1.00. The official announcement can be accessed at this link.

The Diverse Income Trust Trading Up 1.4 %

LON DIVI opened at GBX 88.41 ($1.11) on Wednesday. The stock has a 50-day simple moving average of GBX 84.58 and a 200 day simple moving average of GBX 81.67. The company has a market capitalization of £281.61 million and a PE ratio of -491.19. The Diverse Income Trust has a 12 month low of GBX 74.60 ($0.94) and a 12 month high of GBX 91.37 ($1.15).

About The Diverse Income Trust

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.