Tetragon Financial (LON:TFG) Hits New 12-Month High After Dividend Announcement

Tetragon Financial (LON:TFGGet Free Report)’s share price reached a new 52-week high on Tuesday after the company announced a dividend. The stock traded as high as GBX 12.70 ($0.16) and last traded at GBX 12.62 ($0.16), with a volume of 55134 shares trading hands. The stock had previously closed at GBX 12.35 ($0.16).

The newly announced dividend which will be paid on Wednesday, November 27th. Investors of record on Friday, November 1st will be given a $0.11 dividend. The ex-dividend date is Friday, November 1st. This represents a yield of 0.87%. Tetragon Financial’s dividend payout ratio is currently 2,875.82%.

Tetragon Financial Stock Down 1.1 %

The company’s 50 day moving average is GBX 10.57 and its 200 day moving average is GBX 10.26. The company has a market cap of £10.44 million, a PE ratio of 8.41 and a beta of 0.46. The company has a current ratio of 0.53, a quick ratio of 6.03 and a debt-to-equity ratio of 10.63.

About Tetragon Financial

(Get Free Report)

Tetragon Financial Group Limited is a close ended feeder fund launched and managed by Tetragon Financial Management LP. The fund invests its entire corpus in Tetragon Financial Group Master Fund Limited. It was formerly known as Tetragon Credit Income Fund Limited. Tetragon Financial Group Limited was formed on June 23, 2005 and is domiciled in the Guernsey, Channel Islands.

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