British Smaller Companies VCT2 (LON:BSC) Stock Price Up 1.8%

British Smaller Companies VCT2 (LON:BSC) shot up 1.8% on Friday . The company traded as high as GBX 57.50 ($0.71) and last traded at GBX 57.50 ($0.71). 11 shares changed hands during trading, a decline of 100% from the average session volume of 30,763 shares. The stock had previously closed at GBX 56.50 ($0.70).

British Smaller Companies VCT2 Trading Up 1.8 %

The company has a market capitalization of £131.43 million, a PE ratio of 1,916.67 and a beta of -0.01. The stock has a fifty day moving average of GBX 55.76 and a two-hundred day moving average of GBX 54.70.

British Smaller Companies VCT2 Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, May 30th will be given a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a yield of 2.65%. British Smaller Companies VCT2’s payout ratio is 13,333.33%.

Insider Buying and Selling

In related news, insider Roger McDowell purchased 86,015 shares of British Smaller Companies VCT2 stock in a transaction that occurred on Tuesday, January 30th. The shares were acquired at an average cost of GBX 58 ($0.72) per share, for a total transaction of £49,888.70 ($61,621.42). 0.57% of the stock is owned by corporate insiders.

About British Smaller Companies VCT2

British Smaller Companies VCT 2 plc is a venture capital trust specializing in emerging growth, growth capital, acquisition funding, and development funding. It is an evergreen fund. The fund invests in a range of securities which may include ordinary and preference shares and fixed income securities, such as corporate bonds and gilts in VCT qualifying and non-qualifying securities.