Fair Oaks Income 2021 (LON:FAIR) Shares Up 0.9% – Still a Buy?

Fair Oaks Income 2021 (LON:FAIR)’s stock price rose 0.9% on Thursday . The stock traded as high as GBX 0.55 ($0.01) and last traded at GBX 0.55 ($0.01). Approximately 392,255 shares traded hands during mid-day trading, an increase of 23% from the average daily volume of 318,366 shares. The stock had previously closed at GBX 0.54 ($0.01).

Fair Oaks Income 2021 Price Performance

The stock has a market cap of £2.10 million and a P/E ratio of 6.81. The stock has a 50-day simple moving average of GBX 0.54 and a 200-day simple moving average of GBX 0.54.

Fair Oaks Income 2021 Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 21st were issued a dividend of $0.02 per share. This represents a dividend yield of 3.57%. The ex-dividend date of this dividend was Thursday, November 21st. Fair Oaks Income 2021’s dividend payout ratio (DPR) is presently 10,000.00%.

Fair Oaks Income 2021 Company Profile

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.