Fair Oaks Income (LON:FA17) Shares Up 3.5% – Still a Buy?

Fair Oaks Income Limited (LON:FA17Get Free Report)’s share price rose 3.5% during trading on Thursday . The company traded as high as GBX 0.59 ($0.01) and last traded at GBX 0.59 ($0.01). Approximately 1,532 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 8,039 shares. The stock had previously closed at GBX 0.57 ($0.01).

Fair Oaks Income Price Performance

The company has a fifty day moving average price of GBX 0.57 and a 200 day moving average price of GBX 0.57. The stock has a market cap of £316,122.00 and a P/E ratio of 7.38.

Fair Oaks Income Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 21st were issued a dividend of $0.02 per share. The ex-dividend date was Thursday, November 21st. This represents a yield of 3.51%. Fair Oaks Income’s payout ratio is 10,000.00%.

About Fair Oaks Income

(Get Free Report)

Fair Oaks Income Limited is a feeder fund launched and managed by Fair Oaks Capital Limited. The fund invests its entire corpus in FOIF II LP and FOMC III LP. Fair Oaks Income Limited was formed on March 7, 2014 and is domiciled in the Channel Islands.

Further Reading

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