Northern 2 VCT plc (NTV) to Issue Dividend of GBX 8.50 on July 21st

Northern 2 VCT plc (LON:NTV) declared a dividend on Monday, June 12th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, June 22nd will be given a dividend of GBX 8.50 ($0.11) per share on Friday, July 21st. This represents a yield of 11.49%. The ex-dividend date is Thursday, June 22nd. This is an increase from Northern 2 VCT plc’s previous dividend of $2.00. The official announcement can be viewed at this link.

Northern 2 VCT plc (LON:NTV) opened at 76.00 on Friday. Northern 2 VCT plc has a 52-week low of GBX 65.50 and a 52-week high of GBX 77.00. The firm has a 50-day moving average of GBX 0.76 and a 200-day moving average of GBX 0.75. The firm’s market capitalization is GBX 70.59 million.

In other news, insider David Gravells bought 7,767 shares of the firm’s stock in a transaction on Monday, April 3rd. The shares were purchased at an average cost of GBX 77 ($0.97) per share, with a total value of £5,980.59 ($7,565.58).

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About Northern 2 VCT plc

Northern 2 VCT PLC is a venture capital trust (VCT). The Company’s objective is to provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth. The Company invests mainly in unquoted venture capital holdings. It also invests in unquoted the United Kingdom manufacturing and service businesses.

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