Ruffer Investment Company Limited (RICA) To Go Ex-Dividend on March 20th

Ruffer Investment Company Limited (LON:RICA) announced a dividend on Wednesday, March 12th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 20th will be given a dividend of GBX 2.85 ($0.04) per share on Friday, April 4th. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, March 20th. The official announcement can be seen at this link.

Ruffer Investment Stock Down 0.2 %

Shares of LON RICA traded down GBX 0.50 ($0.01) during midday trading on Tuesday, reaching GBX 277 ($3.60). 3,123,895 shares of the company were exchanged, compared to its average volume of 1,156,263. The stock’s 50-day moving average price is GBX 275.25 and its 200-day moving average price is GBX 274.11. The stock has a market cap of £891.32 million, a P/E ratio of 100.76 and a beta of 0.25. Ruffer Investment has a one year low of GBX 261.50 ($3.40) and a one year high of GBX 289.50 ($3.76).

Ruffer Investment (LON:RICA) last posted its earnings results on Wednesday, March 12th. The company reported GBX 3 ($0.04) earnings per share for the quarter. Ruffer Investment had a net margin of 51.94% and a return on equity of 0.96%.

Insiders Place Their Bets

In other Ruffer Investment news, insider Colleen McHugh purchased 4,000 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were bought at an average price of GBX 276 ($3.58) per share, for a total transaction of £11,040 ($14,339.52). Also, insider Susie Farnon purchased 5,500 shares of the business’s stock in a transaction dated Thursday, December 19th. The shares were acquired at an average price of GBX 268 ($3.48) per share, for a total transaction of £14,740 ($19,145.34). Insiders own 0.23% of the company’s stock.

About Ruffer Investment

Ruffer Investment Company Limited has a simple aim – consistent positive returns, regardless of how the financial markets perform.

We try not to lose money in any 12 month period, and to grow the value of our investors’ wealth over the long haul.

If we can do this, we should outpace inflation, protecting and increasing the real value of our investors’ income and capital.

The specific investment objective of the Company is to produce a positive total return greater than twice Bank of England Bank Rate.