Shares of Electra Private Equity Plc (LON:ELTA) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 370 ($4.83) and last traded at GBX 375 ($4.90), with a volume of 13646 shares traded. The stock had previously closed at GBX 387 ($5.06).
The company also recently disclosed a dividend, which was paid on Friday, December 14th. Stockholders of record on Thursday, November 15th were paid a GBX 365 ($4.77) dividend. The ex-dividend date was Thursday, November 15th. This is a boost from Electra Private Equity’s previous dividend of $25.00. This represents a dividend yield of 45.63%.
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About Electra Private Equity (LON:ELTA)
Electra Private Equity PLC is an investment trust. The Company is focused on private equity investments. The Company’s objective is to achieve a rate of return on equity of 10-15% per year over the long-term by investing in a portfolio of private equity assets. It invests across a range of private equity opportunities, such as control and minority; equity and debt, and direct and indirect.
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