Northern Venture Trust (LON:NVT) Announces Dividend of GBX 1.60

Northern Venture Trust (LON:NVT) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, December 19th will be paid a dividend of GBX 1.60 ($0.02) per share on Wednesday, January 22nd. This represents a yield of 2.81%. The ex-dividend date is Thursday, December 19th. The official announcement can be seen at this link.

Northern Venture Trust Stock Performance

Shares of NVT opened at GBX 57 ($0.72) on Tuesday. Northern Venture Trust has a 12 month low of GBX 54 ($0.69) and a 12 month high of GBX 59 ($0.75). The company has a market cap of £114.52 million, a price-to-earnings ratio of 2,850.00 and a beta of 0.19. The business’s fifty day simple moving average is GBX 55.79 and its two-hundred day simple moving average is GBX 55.83.

Northern Venture Trust Company Profile

Northern Venture Trust PLC is a venture capital trust specializing in direct and fund of funds investments. The fund seeks to make investments in middle market, buyouts, later stage, and mature companies. Within fund of funds, it makes private equity fund investments. The fund typically invests between £2 million ($3.1 million) and £10 million ($15.59 million) in companies with enterprise values between £10 million ($15.59 million) and £30 million ($46.77 million).