Develop North (LON:DVNO) to Issue GBX 1 Dividend

Develop North (LON:DVNO) announced a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 5th will be given a dividend of GBX 1 ($0.01) per share on Friday, December 27th. This represents a dividend yield of 1.28%. The ex-dividend date is Thursday, December 5th. The official announcement can be seen at this link.

Develop North Price Performance

Shares of DVNO remained flat at GBX 78 ($0.98) during trading hours on Thursday. The business’s 50 day moving average is GBX 76.88 and its 200-day moving average is GBX 76.11. Develop North has a fifty-two week low of GBX 68 ($0.86) and a fifty-two week high of GBX 88 ($1.11). The company has a debt-to-equity ratio of 13.50, a current ratio of 93.57 and a quick ratio of 6.87. The company has a market capitalization of £19.48 million, a P/E ratio of 7,800.00 and a beta of 0.16.

Develop North Company Profile

Develop North PLC, an investment company, provides a portfolio of fixed rate loans primarily secured over land and/or property in the United Kingdom. The company also invests in financial assets comprising loans. It makes investments primarily through senior secured loans; and other loans, such as bridging loans, selected loan financings, subordinated loans, and other debt instruments.