British Smaller Companies VCT2 (LON:BSC) Shares Down 1.9% – Here’s What Happened

British Smaller Companies VCT2 (LON:BSC) shares fell 1.9% on Friday . The company traded as low as GBX 52.50 ($0.68) and last traded at GBX 52.50 ($0.68). 39,234 shares were traded during mid-day trading, a decline of 29% from the average session volume of 55,311 shares. The stock had previously closed at GBX 53.50 ($0.69).

British Smaller Companies VCT2 Stock Performance

The company’s 50-day moving average price is GBX 54.15 and its 200-day moving average price is GBX 55.09. The firm has a market capitalization of £122.29 million, a PE ratio of 1,783.33 and a beta of -0.01.

British Smaller Companies VCT2 Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, November 1st. Stockholders of record on Thursday, October 3rd were given a dividend of GBX 1.50 ($0.02) per share. This represents a dividend yield of 2.73%. The ex-dividend date was Thursday, October 3rd. British Smaller Companies VCT2’s dividend payout ratio (DPR) is presently 13,333.33%.

About British Smaller Companies VCT2

British Smaller Companies VCT 2 plc is a venture capital trust specializing in emerging growth, growth capital, acquisition funding, and development funding. It is an evergreen fund. The fund invests in a range of securities which may include ordinary and preference shares and fixed income securities, such as corporate bonds and gilts in VCT qualifying and non-qualifying securities.