Barbara Powley Purchases 12,000 Shares of M&G Credit Income Investment (LON:MGCI) Stock

M&G Credit Income Investment (LON:MGCI) insider Barbara Powley acquired 12,000 shares of the business’s stock in a transaction dated Thursday, March 27th. The stock was acquired at an average price of GBX 96 ($1.24) per share, with a total value of £11,520 ($14,910.69).

M&G Credit Income Investment Stock Performance

M&G Credit Income Investment stock opened at GBX 96.41 ($1.25) on Friday. The stock has a market capitalization of £142.96 million, a P/E ratio of 9.19 and a beta of 0.38. The company’s fifty day moving average price is GBX 96.23 and its 200 day moving average price is GBX 96.48. M&G Credit Income Investment has a 1 year low of GBX 89 ($1.15) and a 1 year high of GBX 100 ($1.29).

M&G Credit Income Investment (LON:MGCI) last released its quarterly earnings results on Friday, March 28th. The company reported GBX 7.46 ($0.10) earnings per share for the quarter. M&G Credit Income Investment had a net margin of 88.81% and a return on equity of 10.78%.

M&G Credit Income Investment Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, January 30th were paid a GBX 2.09 ($0.03) dividend. This represents a dividend yield of 2.14%. The ex-dividend date of this dividend was Thursday, January 30th. M&G Credit Income Investment’s dividend payout ratio is presently 76.27%.

About M&G Credit Income Investment

M&G Credit Income Investment Trust plc invests in a portfolio of public and private debt and debt-like instruments. The company was incorporated in 2018 and is based in London, the United Kingdom.