Esther Gilbert Buys 6,935 Shares of CVC Income & Growth Limited (LON:CVCE) Stock

CVC Income & Growth Limited (LON:CVCE) insider Esther Gilbert acquired 6,935 shares of the stock in a transaction dated Tuesday, February 11th. The stock was acquired at an average cost of GBX 121 ($1.52) per share, with a total value of £8,391.35 ($10,545.87).

CVC Income & Growth Trading Up 1.8 %

CVCE stock opened at GBX 1.11 ($0.01) on Friday. The stock has a 50-day moving average price of GBX 1.07 and a two-hundred day moving average price of GBX 1.04. CVC Income & Growth Limited has a 12-month low of GBX 0.91 ($0.01) and a 12-month high of GBX 1.11 ($0.01). The company has a market cap of £1.16 million and a PE ratio of 22.20.

CVC Income & Growth Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 6th will be given a dividend of €0.02 ($0.03) per share. This represents a yield of 2.28%. The ex-dividend date of this dividend is Thursday, February 6th. This is an increase from CVC Income & Growth’s previous dividend of $0.02. CVC Income & Growth’s payout ratio is 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.