M&G Credit Income Investment (LON:MGCI) Issues Quarterly Earnings Results

M&G Credit Income Investment (LON:MGCI) posted its earnings results on Friday. The company reported GBX 7.46 ($0.10) earnings per share for the quarter, Digital Look Earnings reports. M&G Credit Income Investment had a return on equity of 10.78% and a net margin of 88.81%.

M&G Credit Income Investment Stock Performance

LON MGCI traded up GBX 0.40 ($0.01) during trading hours on Friday, reaching GBX 97 ($1.26). 307,008 shares of the company’s stock were exchanged, compared to its average volume of 311,560. The company has a market capitalization of £143.83 million, a price-to-earnings ratio of 9.25 and a beta of 0.38. The company’s 50-day moving average is GBX 96.23 and its two-hundred day moving average is GBX 96.48. M&G Credit Income Investment has a one year low of GBX 89 ($1.15) and a one year high of GBX 100 ($1.29).

M&G Credit Income Investment Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 30th were given a GBX 2.09 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, January 30th. This represents a dividend yield of 2.14%. M&G Credit Income Investment’s dividend payout ratio is presently 76.27%.

M&G Credit Income Investment Company Profile

M&G Credit Income Investment Trust plc invests in a portfolio of public and private debt and debt-like instruments. The company was incorporated in 2018 and is based in London, the United Kingdom.