Shares of Gulf Investment Fund (LON:GIF – Get Free Report) traded down 1% during trading on Tuesday . The stock traded as low as GBX 2.26 ($0.03) and last traded at GBX 2.27 ($0.03). 56,039 shares traded hands during mid-day trading, an increase of 295% from the average session volume of 14,194 shares. The stock had previously closed at GBX 2.29 ($0.03).
Gulf Investment Fund Stock Down 1.0 %
The firm has a market cap of £940,390.00 and a PE ratio of 5.67. The business has a 50-day moving average price of GBX 2.25 and a two-hundred day moving average price of GBX 2.33.
Gulf Investment Fund Increases Dividend
The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 1st were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a yield of 2.11%. This is a positive change from Gulf Investment Fund’s previous dividend of $0.04. Gulf Investment Fund’s dividend payout ratio (DPR) is currently 2,000.00%.
About Gulf Investment Fund
Qatar Investment Fund plc is a close-ended equity mutual fund launched and managed by Epicure Managers Qatar Limited. The fund is co-managed by Qatar Insurance Company SAQ. It invests in public equity markets of Qatar. The fund benchmarks the performance of its portfolio against Qatar Exchange Index.
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