Vector Capital (LON:VCAP) Shares Down 3.3%

Vector Capital Plc (LON:VCAP)’s share price was down 3.3% on Friday . The stock traded as low as GBX 29 ($0.37) and last traded at GBX 29 ($0.37). Approximately 14,035 shares traded hands during trading, a decline of 65% from the average daily volume of 40,314 shares. The stock had previously closed at GBX 30 ($0.38).

Vector Capital Trading Down 3.3 %

The firm has a market cap of £13.12 million, a price-to-earnings ratio of 966.67 and a beta of -0.15. The company has a fifty day moving average price of GBX 30.41 and a 200-day moving average price of GBX 30.50. The company has a current ratio of 2.15, a quick ratio of 1.84 and a debt-to-equity ratio of 75.10.

Vector Capital Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, June 3rd. Stockholders of record on Thursday, May 16th were issued a GBX 1.53 ($0.02) dividend. This represents a dividend yield of 5.67%. The ex-dividend date was Thursday, May 16th. This is a boost from Vector Capital’s previous dividend of $1.00. Vector Capital’s payout ratio is 10,000.00%.

About Vector Capital

Vector Capital Plc, together with its subsidiaries, provides finance to the private and corporate sectors in the United Kingdom. It offers finance for land and property development, bridging loans, and secured business finance. The company was incorporated in 2019 and is based in Berkhamsted, the United Kingdom.