Maven Income & Growth VCT 3 (LON:MIG3) Raises Dividend to GBX 2.15 Per Share

Maven Income & Growth VCT 3 (LON:MIG3Get Free Report) announced a dividend on Tuesday, February 6th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, March 21st will be paid a dividend of GBX 2.15 ($0.03) per share on Friday, May 3rd. This represents a dividend yield of 4.3%. The ex-dividend date is Thursday, March 21st. This is an increase from Maven Income & Growth VCT 3’s previous dividend of $0.50. The official announcement can be viewed at this link.

Maven Income & Growth VCT 3 Price Performance

Shares of MIG3 stock opened at GBX 50 ($0.63) on Thursday. The company has a market capitalization of £57.42 million, a price-to-earnings ratio of 5,250.00 and a beta of 0.13. Maven Income & Growth VCT 3 has a one year low of GBX 48 ($0.60) and a one year high of GBX 55.50 ($0.70). The company’s fifty day moving average price is GBX 49.88 and its 200-day moving average price is GBX 50.17.

Insider Buying and Selling at Maven Income & Growth VCT 3

In related news, insider David Allan purchased 19,054 shares of Maven Income & Growth VCT 3 stock in a transaction on Thursday, February 8th. The shares were bought at an average cost of GBX 52 ($0.65) per share, for a total transaction of £9,908.08 ($12,420.81). 1.41% of the stock is currently owned by insiders.

Maven Income & Growth VCT 3 Company Profile

(Get Free Report)

Maven Income and Growth VCT 3 PLC is a venture capital trust fund specializing in development capital and early stage investments. In case of private companies, the fund prefers to invest in later stage. It does not invest in hostile public to private transactions. The fund's objective is to achieve long-term capital appreciation principally through investment in smaller unquoted companies and AIM quoted companies in the United Kingdom with strong growth potential.

See Also

Dividend History for Maven Income & Growth VCT 3 (LON:MIG3)

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