Cavendish Financial plc (LON:CAV) Insider Ben Procter Purchases 1,653 Shares of Stock

Cavendish Financial plc (LON:CAV) insider Ben Procter bought 1,653 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was bought at an average cost of GBX 10 ($0.13) per share, for a total transaction of £165.30 ($209.53).

Cavendish Financial Price Performance

Shares of LON:CAV opened at GBX 10.10 ($0.13) on Friday. The company has a market cap of £33.57 million, a P/E ratio of -1,010.00 and a beta of 1.23. Cavendish Financial plc has a 1 year low of GBX 7.36 ($0.09) and a 1 year high of GBX 15 ($0.19). The stock’s fifty day moving average price is GBX 10.11 and its 200-day moving average price is GBX 11.54.

Cavendish Financial Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, December 11th. Stockholders of record on Thursday, November 21st were issued a dividend of GBX 0.30 ($0.00) per share. This is an increase from Cavendish Financial’s previous dividend of $0.25. This represents a dividend yield of 2.73%. The ex-dividend date of this dividend was Thursday, November 21st. Cavendish Financial’s dividend payout ratio is presently -20,000.00%.

Cavendish Financial Company Profile

Cavendish Financial plc provides various financial services to growth companies in the United Kingdom. The company offers equities research, distribution and execution, and analytics services. It provides investment banking services, such as strategic advisory and capital raising services comprising public market fund raisings, including placings, rights issues, and open offers; IPOs; sell-side or buy-side private M&A; public company M&A; debt arrangement and advice; private capital fund raisings; and general advice on strategic options, as well as acts as a corporate broker/NOMAD on a retained basis.