Baronsmead Venture Trust Plc (LON:BVT) Insider Michael Probin Acquires 22,673 Shares of Stock

Baronsmead Venture Trust Plc (LON:BVT) insider Michael Probin bought 22,673 shares of the business’s stock in a transaction dated Thursday, February 20th. The shares were bought at an average price of GBX 53 ($0.67) per share, with a total value of £12,016.69 ($15,226.42).

Baronsmead Venture Trust Price Performance

Shares of LON:BVT opened at GBX 49 ($0.62) on Friday. The firm has a market cap of £190.20 million, a PE ratio of 14.33 and a beta of 0.19. Baronsmead Venture Trust Plc has a 12-month low of GBX 46 ($0.58) and a 12-month high of GBX 56 ($0.71). The company’s 50 day moving average price is GBX 51.41 and its two-hundred day moving average price is GBX 52.46.

Baronsmead Venture Trust (LON:BVT) last issued its earnings results on Tuesday, December 24th. The company reported GBX 0.53 ($0.01) EPS for the quarter. Baronsmead Venture Trust had a return on equity of 6.22% and a net margin of 75.56%.

Baronsmead Venture Trust Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 17th. Investors of record on Thursday, February 13th will be given a dividend of GBX 2 ($0.03) per share. The ex-dividend date is Thursday, February 13th. This is an increase from Baronsmead Venture Trust’s previous dividend of $1.75. This represents a yield of 3.85%. Baronsmead Venture Trust’s dividend payout ratio (DPR) is currently 116.95%.

About Baronsmead Venture Trust

Baronsmead Venture Trust Plc is a venture capital trust managed by ISIS Equity Partners LLP. It invests in a portfolio of unquoted companies in the United Kingdom, which raise expansion capital or are the subject of a management buy-out or buy-in. The trust primarily invests in the media, business services, consumer, information technology support services, and healthcare sectors.