Lowland Investment Company plc (LON:LWI) announced a dividend on Wednesday, March 27th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 4th will be paid a dividend of GBX 14.50 ($0.19) per share on Tuesday, April 30th. This represents a yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 4th. This is a positive change from Lowland Investment’s previous dividend of $14.00. The official announcement can be accessed at this link.
LON:LWI traded down GBX 0.03 ($0.00) during trading on Friday, reaching GBX 14.61 ($0.19). Lowland Investment has a twelve month low of GBX 13.26 ($0.17) and a twelve month high of GBX 1,395 ($18.23).
In other Lowland Investment news, insider Karl Sternberg bought 550 shares of the firm’s stock in a transaction on Monday, February 4th. The shares were acquired at an average cost of GBX 1,389 ($18.15) per share, for a total transaction of £7,639.50 ($9,982.36). Also, insider Robert Robertson bought 5,000 shares of the firm’s stock in a transaction on Tuesday, April 9th. The stock was acquired at an average price of GBX 1,337 ($17.47) per share, for a total transaction of £66,850 ($87,351.37).
Lowland Investment Company plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.
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