Northern 2 VCT (LON:NTV) Plans Dividend Increase – GBX 1.70 Per Share

Northern 2 VCT (LON:NTV) announced a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, December 19th will be paid a dividend of GBX 1.70 ($0.02) per share on Wednesday, January 22nd. This represents a yield of 3.12%. The ex-dividend date is Thursday, December 19th. This is a boost from Northern 2 VCT’s previous dividend of $1.20. The official announcement can be seen at this link.

Northern 2 VCT Stock Performance

Northern 2 VCT stock traded up GBX 1.50 ($0.02) during trading hours on Thursday, reaching GBX 54.50 ($0.69). 1 shares of the company’s stock traded hands, compared to its average volume of 57,242. Northern 2 VCT has a fifty-two week low of GBX 50.50 ($0.64) and a fifty-two week high of GBX 57.50 ($0.72). The firm has a market capitalization of £121.95 million, a price-to-earnings ratio of 5,300.00 and a beta of 0.22. The firm’s 50 day moving average is GBX 52.91 and its 200-day moving average is GBX 53.60.

Insider Buying and Selling at Northern 2 VCT

In other news, insider Cecilia McAnulty acquired 1,132 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The stock was purchased at an average price of GBX 56 ($0.71) per share, for a total transaction of £633.92 ($798.09). Corporate insiders own 0.22% of the company’s stock.

About Northern 2 VCT

Northern 2 VCT PLC is a venture capital trust specializing in direct and fund of funds investments. It prefer to invest in growth capital investments. Within direct, the fund seeks to invest in middle market, later stage, buyout, mature, and early stage investments. Within fund of funds, it makes private equity fund investments.