Fair Oaks Income (LON:FA17) Shares Up 1.2% – Here’s Why

Fair Oaks Income Limited (LON:FA17Get Free Report) shares were up 1.2% during trading on Thursday . The company traded as high as GBX 0.59 ($0.01) and last traded at GBX 0.58 ($0.01). Approximately 59,266 shares changed hands during mid-day trading, an increase of 268% from the average daily volume of 16,085 shares. The stock had previously closed at GBX 0.57 ($0.01).

Fair Oaks Income Stock Performance

The firm has a market cap of £309,156.60 and a price-to-earnings ratio of 7.21. The firm has a 50-day moving average price of GBX 0.57 and a two-hundred day moving average price of GBX 0.57.

Fair Oaks Income Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, September 9th. Investors of record on Thursday, August 15th were paid a dividend of $0.02 per share. The ex-dividend date was Thursday, August 15th. This represents a yield of 3.51%. Fair Oaks Income’s dividend payout ratio is currently 10,000.00%.

Fair Oaks Income Company Profile

(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.

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