Octopus AIM VCT 2 (LON:OSEC) Reaches New 52-Week High Following Dividend Announcement

Octopus AIM VCT 2 plc (LON:OSEC)’s share price hit a new 52-week high during mid-day trading on Tuesday after the company announced a dividend. The company traded as high as GBX 90 ($1.18) and last traded at GBX 90 ($1.18), with a volume of 1083 shares trading hands. The stock had previously closed at GBX 89.50 ($1.17).

The newly announced dividend which will be paid on Friday, May 21st. Stockholders of record on Thursday, April 29th will be paid a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date of this dividend is Thursday, April 29th. This represents a dividend yield of 2.35%. Octopus AIM VCT 2’s dividend payout ratio is presently -2.10%.

The company has a market capitalization of £121.64 million and a price-to-earnings ratio of -45.00. The firm’s 50 day moving average price is GBX 86.32 and its two-hundred day moving average price is GBX 77.58.

Octopus AIM VCT 2 Company Profile (LON:OSEC)

Octopus AIM VCT 2 plc is a venture capital trust specializing in investments in AIM quoted companies. It seeks to invest in various sectors such as financial services, healthcare equipment, food producers, business services, pharmaceuticals and biotechnology, travel and leisure, industrial engineering, oil equipment, support services, general retailers, software, and media.

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