HgCapital Trust plc (LON:HGT – Get Free Report) announced a dividend on Monday, March 10th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 20th will be paid a dividend of GBX 3.50 ($0.05) per share by the investment trust on Monday, May 19th. This represents a dividend yield of 0.7%. The ex-dividend date is Thursday, March 20th. This is a 75.0% increase from HgCapital Trust’s previous dividend of $2.00. The official announcement can be viewed at this link.
HgCapital Trust Stock Down 1.6 %
Shares of LON HGT traded down GBX 8.05 ($0.10) during trading on Tuesday, reaching GBX 495.96 ($6.44). 7,555,354 shares of the company traded hands, compared to its average volume of 690,038. The firm has a 50 day simple moving average of GBX 519.19 and a 200-day simple moving average of GBX 519.13. The stock has a market capitalization of £2.30 billion, a PE ratio of 8.20 and a beta of 0.44. HgCapital Trust has a 52-week low of GBX 447.50 ($5.81) and a 52-week high of GBX 550 ($7.14).
HgCapital Trust (LON:HGT – Get Free Report) last issued its quarterly earnings data on Monday, March 10th. The investment trust reported GBX 4.77 ($0.06) earnings per share for the quarter. HgCapital Trust had a net margin of 91.03% and a return on equity of 11.93%.
About HgCapital Trust
HgT provides investors with a unique opportunity to participate in the growth in value of a portfolio of c.50 private companies sourced by Hg. Value is created through implementing an investment strategy focused on software and business service companies with resilient, recurring revenue streams and from leveraging the network and expertise of Hg to support management teams to deliver the full potential of their respective businesses.
With highly predictable and stable cash flows, the top 20 businesses (representing 76% by value of HGT’s investments) reported aggregate sales of £10.6 billion and EBITDA of £3.3 billion over the last 12 months, equating to an EBITDA margin of 31%.
Hg brings to HgT an experienced team of c.400 employees, including c.
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