The Income & Growth VCT (LON:IGV) Insider Purchases £49,909.45 in Stock

The Income & Growth VCT (LON:IGV) insider Maurice Helfgott acquired 70,295 shares of Income & Growth VCT stock in a transaction dated Tuesday, October 1st. The stock was bought at an average price of GBX 71 ($0.95) per share, for a total transaction of £49,909.45 ($66,759.56).

Income & Growth VCT Stock Performance

Income & Growth VCT stock opened at GBX 66 ($0.88) on Friday. The stock has a 50-day moving average price of GBX 68.15 and a 200 day moving average price of GBX 68.68. The Income & Growth VCT has a 52 week low of GBX 64.50 ($0.86) and a 52 week high of GBX 75 ($1.00). The stock has a market cap of £176.42 million, a PE ratio of 1,650.00 and a beta of 0.19.

Income & Growth VCT Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, October 18th. Stockholders of record on Thursday, September 19th will be issued a dividend of GBX 3 ($0.04) per share. The ex-dividend date is Thursday, September 19th. This represents a dividend yield of 4.35%. Income & Growth VCT’s dividend payout ratio (DPR) is presently 25,000.00%.

Income & Growth VCT Company Profile

The Income & Growth VCT plc is a venture capital trust. It invests in companies at various stages of development. The fund invests in unquoted and new and secondary issues of quoted companies, which already have a trading facility on the Alternative Investment Market or on OFEX. It primarily makes investments in support services, software and computer services and general retailers.