CVC Income & Growth Limited (LON:CVCE) Insider Buys £8,391.35 in Stock

CVC Income & Growth Limited (LON:CVCE) insider Esther Gilbert purchased 6,935 shares of CVC Income & Growth stock in a transaction that occurred on Tuesday, February 11th. The stock was acquired at an average price of GBX 121 ($1.51) per share, for a total transaction of £8,391.35 ($10,448.70).

CVC Income & Growth Stock Performance

Shares of LON:CVCE traded up GBX 0.01 ($0.00) on Wednesday, reaching GBX 1.09 ($0.01). The company’s stock had a trading volume of 69,770 shares, compared to its average volume of 39,110. The company has a 50-day simple moving average of GBX 1.07 and a 200 day simple moving average of GBX 1.03. The company has a market cap of £1.14 million and a P/E ratio of 21.88. CVC Income & Growth Limited has a 52-week low of GBX 0.91 ($0.01) and a 52-week high of GBX 1.11 ($0.01).

CVC Income & Growth Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, February 28th. Investors of record on Thursday, February 6th will be given a €0.02 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 2.28%. This is a positive change from CVC Income & Growth’s previous dividend of $0.02. CVC Income & Growth’s dividend payout ratio (DPR) is currently 14,000.00%.

CVC Income & Growth Company Profile

CVC Income & Growth Limited is a closed-ended fixed income mutual fund of fund launched by Goldman Sachs International. The fund is managed by CVC Credit Partners Investment Management Ltd. It invests in the fixed income markets of Western Europe. The fund seeks to invest in securities of companies across diversified sectors.