Albion Venture Capital Trust PLC Declares Dividend of GBX 2.50 (LON:AAVC)

Albion Venture Capital Trust PLC (LON:AAVC) announced a dividend on Wednesday, December 4th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, January 2nd will be paid a dividend of GBX 2.50 ($0.03) per share on Friday, January 31st. This represents a yield of 3.48%. The ex-dividend date of this dividend is Thursday, January 2nd. The official announcement can be seen at this link.

LON:AAVC remained flat at $GBX 71.75 ($0.94) on Wednesday. The company’s stock had a trading volume of 11,222 shares, compared to its average volume of 5,251. The stock has a market capitalization of $68.14 million and a PE ratio of 9.08. The business has a fifty day moving average of GBX 68.84 and a two-hundred day moving average of GBX 68.14. Albion Venture Capital Trust has a 12 month low of GBX 0.77 ($0.01) and a 12 month high of GBX 79 ($1.03).

Albion Venture Capital Trust Company Profile

Albion Venture Capital Trust PLC is a United Kingdom-based venture capital trust. The principal activity of the Company is to select and hold a portfolio of investments in unquoted securities. The Company’s investment objective is to manage the risk normally associated with investments in smaller unquoted companies whilst maintaining an attractive yield, through allowing investors the opportunity to participate in a balanced portfolio of asset-backed businesses.

See Also: What is quantitative easing?

Dividend History for Albion Venture Capital Trust (LON:AAVC)

Receive News & Ratings for Albion Venture Capital Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Albion Venture Capital Trust and related companies with's FREE daily email newsletter.