Albion Development VCT PLC (LON:AADV) Increases Dividend to GBX 3 Per Share

Albion Development VCT PLC (LON:AADV) announced a dividend on Tuesday, September 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 3rd will be paid a dividend of GBX 3 ($0.04) per share on Friday, October 25th. This represents a dividend yield of 3.37%. The ex-dividend date of this dividend is Thursday, October 3rd. This is a boost from Albion Development VCT’s previous dividend of $2.40. The official announcement can be seen at this link.

Albion Development VCT Trading Up 1.7 %

Shares of AADV opened at GBX 90.50 ($1.21) on Wednesday. Albion Development VCT has a 12 month low of GBX 82 ($1.10) and a 12 month high of GBX 92.50 ($1.24). The firm has a market cap of £134.02 million, a PE ratio of 2,262.50 and a beta of 0.04. The stock has a fifty day moving average price of GBX 88.37 and a 200-day moving average price of GBX 86.58.

Albion Development VCT Company Profile

Albion Development VCT PLC is a venture capital trust specialized investments in early stage and growth stage investments. The fund provides equity and debt finance to growing unquoted companies across various sectors. The fund invests in technology-orientated companies, service and asset-backed businesses software and computer services, fintech and medical technology sectors.