Fair Oaks Income Limited (LON:FAIR – Get Free Report)’s share price rose 2.2% during trading on Thursday . The stock traded as high as GBX 0.59 ($0.01) and last traded at GBX 0.58 ($0.01). Approximately 412,796 shares changed hands during trading, an increase of 48% from the average daily volume of 278,286 shares. The stock had previously closed at GBX 0.57 ($0.01).
Fair Oaks Income Stock Performance
The firm has a market capitalization of £2.25 million and a PE ratio of 7.28. The firm’s fifty day moving average price is GBX 0.56 and its 200 day moving average price is GBX 0.55.
Fair Oaks Income Announces Dividend
The company also recently announced a dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Thursday, February 29th were paid a $0.02 dividend. The ex-dividend date was Thursday, February 29th. This represents a yield of 3.51%. Fair Oaks Income’s dividend payout ratio (DPR) is currently 10,000.00%.
Fair Oaks Income Company Profile
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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