Livermore Investments Group (LON:LIV) Sets New 1-Year High After Dividend Announcement

Livermore Investments Group Limited (LON:LIV) shares hit a new 52-week high during mid-day trading on Monday following a dividend announcement from the company. The company traded as high as GBX 41.91 ($0.56) and last traded at GBX 41.91 ($0.56), with a volume of 15418 shares trading hands. The stock had previously closed at GBX 40.20 ($0.54).

The newly announced dividend which will be paid on Friday, November 15th. Investors of record on Thursday, October 17th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, October 17th. This represents a dividend yield of 7.71%. This is a boost from Livermore Investments Group’s previous dividend of $0.03. Livermore Investments Group’s payout ratio is currently 3,333.33%.

Livermore Investments Group Stock Up 4.3 %

The company’s fifty day simple moving average is GBX 39.27 and its 200 day simple moving average is GBX 35.22. The company has a quick ratio of 11.44, a current ratio of 15.56 and a debt-to-equity ratio of 1.54. The firm has a market capitalization of £69.30 million, a PE ratio of 698.50 and a beta of 0.36.

Livermore Investments Group Company Profile

Livermore Investments Group Limited is a publicly owned investment manager. The firm primarily invests in fixed income instruments such as Collateralized Loan Obligations (CLOs). The company, formerly Empire Online Limited, was incorporated in 2002 and is headquartered in Road Town, British Virgin Islands.