BioPharma Credit (LON:BPCR) Declares Dividend Increase – $0.04 Per Share

BioPharma Credit (LON:BPCR) declared a dividend on Thursday, September 19th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 26th will be paid a dividend of $0.04 per share on Tuesday, October 29th. This represents a yield of 4.26%. The ex-dividend date is Thursday, September 26th. This is a positive change from BioPharma Credit’s previous dividend of $0.02. The official announcement can be accessed at this link.

BioPharma Credit Stock Performance

Shares of LON BPCR opened at GBX 0.91 ($0.01) on Wednesday. The stock has a market capitalization of £10.90 million, a P/E ratio of 11.35 and a beta of 0.22. The stock’s fifty day moving average is GBX 0.91 and its 200 day moving average is GBX 0.88. BioPharma Credit has a 52 week low of GBX 0.81 ($0.01) and a 52 week high of GBX 0.94 ($0.01).

About BioPharma Credit

BioPharma Credit PLC, an investment trust, primarily invests in interest-bearing debt assets. Its debt assets are secured by royalties or other cash flows derived from the sales of approved life sciences products. The company was incorporated in 2016 and is based in London, the United Kingdom.