3i Group plc (OTCMKTS:TGOPY – Get Free Report) shares rose 2% on Thursday . The stock traded as high as $23.10 and last traded at $22.89. Approximately 250,383 shares changed hands during trading, a decline of 2% from the average daily volume of 254,348 shares. The stock had previously closed at $22.45.
3i Group Stock Performance
The company’s 50-day moving average is $22.89 and its two-hundred day moving average is $21.61.
3i Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Monday, January 27th. Investors of record on Friday, November 29th will be given a dividend of $0.1546 per share. The ex-dividend date is Friday, November 29th.
About 3i Group
3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.
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