CVC Income & Growth Limited (LON:CVCE) Insider Esther Gilbert Acquires 6,935 Shares

CVC Income & Growth Limited (LON:CVCE) insider Esther Gilbert acquired 6,935 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The stock was purchased at an average price of GBX 121 ($1.51) per share, for a total transaction of £8,391.35 ($10,444.80).

CVC Income & Growth Stock Up 0.8 %

Shares of CVCE opened at GBX 1.09 ($0.01) on Thursday. The company’s fifty day moving average is GBX 1.07 and its 200-day moving average is GBX 1.03. CVC Income & Growth Limited has a 12 month low of GBX 0.91 ($0.01) and a 12 month high of GBX 1.11 ($0.01). The firm has a market cap of £1.14 million and a price-to-earnings ratio of 21.88.

CVC Income & Growth Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 6th will be issued a dividend of €0.02 ($0.03) per share. This represents a yield of 2.28%. The ex-dividend date is Thursday, February 6th. This is a positive change from CVC Income & Growth’s previous dividend of $0.02. CVC Income & Growth’s payout ratio is currently 14,000.00%.

CVC Income & Growth Company Profile

CVC Income & Growth Limited is a closed-ended fixed income mutual fund of fund launched by Goldman Sachs International. The fund is managed by CVC Credit Partners Investment Management Ltd. It invests in the fixed income markets of Western Europe. The fund seeks to invest in securities of companies across diversified sectors.