The Income & Growth VCT (LON:IGV) Trading Down 5.3%

The Income & Growth VCT plc (LON:IGV) shares dropped 5.3% during trading on Wednesday . The stock traded as low as GBX 72.50 ($0.95) and last traded at GBX 72.50 ($0.95), approximately 0 shares were traded during trading. A decline of 100% from the average daily volume of 4,257 shares. The stock had previously closed at GBX 76.53 ($1.00).

The company has a market capitalization of $75.66 million and a PE ratio of 32.95. The stock has a fifty day moving average price of GBX 68.90.

The firm also recently disclosed a dividend, which was paid on Friday, July 12th. Stockholders of record on Thursday, June 13th were given a GBX 1.50 ($0.02) dividend. This represents a dividend yield of 2.19%. The ex-dividend date of this dividend was Thursday, June 13th. The Income & Growth VCT’s dividend payout ratio (DPR) is presently 2.73%.

About The Income & Growth VCT (LON:IGV)

The Income & Growth VCT plc is a United Kingdom-based venture capital trust. The Company’s objective is to provide investors with an attractive return by maximizing the stream of tax-free dividend distributions from the income and capital gains generated by a diverse and carefully selected portfolio of investments.

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