British Smaller Companies VCT2 (LON:BSC) Stock Price Up 1.9% – Here’s What Happened

British Smaller Companies VCT2 (LON:BSC) rose 1.9% on Tuesday . The company traded as high as GBX 54.50 ($0.69) and last traded at GBX 54.50 ($0.69). Approximately 16,362 shares were traded during trading, a decline of 70% from the average daily volume of 55,311 shares. The stock had previously closed at GBX 53.50 ($0.68).

British Smaller Companies VCT2 Stock Performance

The stock has a market capitalization of £122.29 million, a P/E ratio of 1,816.67 and a beta of -0.01. The stock’s fifty day moving average price is GBX 53.63 and its two-hundred day moving average price is GBX 54.62.

British Smaller Companies VCT2 Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, October 3rd were issued a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a yield of 2.73%. British Smaller Companies VCT2’s dividend payout ratio is currently 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.