Maven Income and Growth VCT 3 PLC (MIG3) To Go Ex-Dividend on March 27th

Maven Income and Growth VCT 3 PLC (LON:MIG3) declared a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be paid a dividend of GBX 2.15 ($0.03) per share on Friday, May 9th. This represents a dividend yield of 4.39%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 115.0% increase from Maven Income and Growth VCT 3’s previous dividend of $1.00. The official announcement can be seen at this link.

Maven Income and Growth VCT 3 Price Performance

Shares of MIG3 stock traded down GBX 1.60 ($0.02) on Tuesday, hitting GBX 47.40 ($0.61). 5,349 shares of the company’s stock were exchanged, compared to its average volume of 103,509. The company has a 50 day moving average of GBX 48.33 and a 200 day moving average of GBX 49.02. The stock has a market cap of £59.09 million, a P/E ratio of 81.07 and a beta of 0.13. Maven Income and Growth VCT 3 has a 12 month low of GBX 46 ($0.59) and a 12 month high of GBX 51 ($0.66).

Maven Income and Growth VCT 3 (LON:MIG3) last posted its earnings results on Tuesday, March 18th. The company reported GBX 0.49 ($0.01) EPS for the quarter. Maven Income and Growth VCT 3 had a net margin of 26.21% and a return on equity of 1.12%.

About Maven Income and Growth VCT 3

Maven Income and Growth VCT 3 PLC is a venture capital trust fund specializing in development capital and early stage investments. In case of private companies, the fund prefers to invest in later stage. It does not invest in hostile public to private transactions. The fund's objective is to achieve long-term capital appreciation principally through investment in smaller unquoted companies and AIM quoted companies in the United Kingdom with strong growth potential.