AVI Global Trust plc (LON:AGT) Declares Dividend Increase – GBX 2.55 Per Share

AVI Global Trust plc (LON:AGT) declared a dividend on Wednesday, November 13th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 28th will be given a dividend of GBX 2.55 ($0.03) per share on Friday, January 3rd. This represents a yield of 1.08%. The ex-dividend date of this dividend is Thursday, November 28th. This is a boost from AVI Global Trust’s previous dividend of $1.20. The official announcement can be seen at this link.

AVI Global Trust Stock Performance

AGT remained flat at GBX 237 ($3.05) during midday trading on Thursday. The company’s stock had a trading volume of 497,062 shares, compared to its average volume of 714,220. AVI Global Trust has a 52 week low of GBX 202.50 ($2.61) and a 52 week high of GBX 250.50 ($3.22). The firm has a 50-day simple moving average of GBX 229.94 and a 200-day simple moving average of GBX 234.97. The company has a current ratio of 2.15, a quick ratio of 12.68 and a debt-to-equity ratio of 15.75. The firm has a market capitalization of £1.07 billion, a price-to-earnings ratio of 846.43 and a beta of 0.78.

Insider Buying and Selling

In other news, insider June Jessop bought 6,000 shares of AVI Global Trust stock in a transaction that occurred on Wednesday, November 13th. The shares were purchased at an average price of GBX 236 ($3.04) per share, for a total transaction of £14,160 ($18,221.59). Corporate insiders own 4.64% of the company’s stock.

About AVI Global Trust

AVI Global Trust plc is a closed-ended equity mutual fund launched and managed by Asset Value Investors Limited. The fund invests in public equity markets of countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies across all market capitalizations.