Diverse Income Trust (LON:DIVI) Increases Dividend to GBX 1.05 Per Share

Diverse Income Trust (LON:DIVI) announced a dividend on Tuesday, February 11th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 20th will be paid a dividend of GBX 1.05 ($0.01) per share on Friday, May 30th. This represents a yield of 1.14%. The ex-dividend date of this dividend is Thursday, March 20th. This is a 5.0% increase from Diverse Income Trust’s previous dividend of $1.00. The official announcement can be viewed at this link.

Diverse Income Trust Stock Performance

LON:DIVI remained flat at GBX 91 ($1.18) on Tuesday. 574,689 shares of the company’s stock traded hands, compared to its average volume of 584,800. The business has a 50 day simple moving average of GBX 92.50 and a 200-day simple moving average of GBX 91.69. Diverse Income Trust has a 52-week low of GBX 83 ($1.08) and a 52-week high of GBX 95.80 ($1.24). The stock has a market capitalization of £214.68 million and a P/E ratio of -505.56.

Diverse Income Trust (LON:DIVI) last issued its quarterly earnings results on Tuesday, February 11th. The company reported GBX 2.63 ($0.03) EPS for the quarter.

Diverse Income Trust Company Profile

The Company aims to provide shareholders with an attractive and growing level of dividends coupled with capital growth over the long term.

The Company invests primarily in quoted or traded UK companies with a wide range of market capitalisations, but a long-term bias toward small and mid-cap equities.