M&G Credit Income Investment (LON:MGCI) Announces Dividend of GBX 2.14

M&G Credit Income Investment (LON:MGCI) declared a dividend on Tuesday, October 22nd, Upcoming.Co.Uk reports. Investors of record on Thursday, October 31st will be given a dividend of GBX 2.14 ($0.03) per share on Friday, November 22nd. This represents a dividend yield of 2.22%. The ex-dividend date is Thursday, October 31st. The official announcement can be accessed at this link.

M&G Credit Income Investment Price Performance

LON:MGCI traded down GBX 0.60 ($0.01) during midday trading on Tuesday, hitting GBX 96.40 ($1.25). The company had a trading volume of 216,253 shares, compared to its average volume of 215,291. The stock’s fifty day moving average price is GBX 96.16 and its 200-day moving average price is GBX 95.71. M&G Credit Income Investment has a 52-week low of GBX 88.20 ($1.15) and a 52-week high of GBX 100 ($1.30). The company has a quick ratio of 1.28, a current ratio of 1.50 and a debt-to-equity ratio of 5.18. The company has a market capitalization of £135.85 million, a PE ratio of 1,071.11 and a beta of 0.38.

Insider Activity

In other news, insider Barbara Powley bought 535 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was bought at an average cost of GBX 94 ($1.22) per share, for a total transaction of £502.90 ($652.95). Insiders own 7.21% of the company’s stock.

About M&G Credit Income Investment

M&G Credit Income Investment Trust plc invests in a portfolio of public and private debt and debt-like instruments. The company was incorporated in 2018 and is based in London, the United Kingdom.