Maven Income and Growth VCT 3 PLC (LON:MIG3) Insider Purchases £25,192.47 in Stock

Maven Income and Growth VCT 3 PLC (LON:MIG3) insider William Robert (Bill) Nixon purchased 49,397 shares of Maven Income and Growth VCT 3 stock in a transaction dated Friday, April 5th. The stock was bought at an average price of GBX 51 ($0.64) per share, for a total transaction of £25,192.47 ($31,624.99).

Maven Income and Growth VCT 3 Stock Performance

Maven Income and Growth VCT 3 stock opened at GBX 48 ($0.60) on Monday. The stock has a 50-day moving average price of GBX 49.30 and a two-hundred day moving average price of GBX 49.70. Maven Income and Growth VCT 3 PLC has a 12 month low of GBX 47 ($0.59) and a 12 month high of GBX 53.50 ($0.67). The company has a market capitalization of £55.12 million, a PE ratio of 5,250.00 and a beta of 0.13.

Maven Income and Growth VCT 3 Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 3rd. Investors of record on Thursday, March 21st will be issued a GBX 2.15 ($0.03) dividend. This represents a yield of 4.3%. This is an increase from Maven Income and Growth VCT 3’s previous dividend of $0.50. The ex-dividend date is Thursday, March 21st.

About Maven Income and Growth VCT 3

Maven Income and Growth VCT 3 PLC is a venture capital trust fund specializing in development capital and early stage investments. In case of private companies, the fund prefers to invest in later stage. It does not invest in hostile public to private transactions. The fund's objective is to achieve long-term capital appreciation principally through investment in smaller unquoted companies and AIM quoted companies in the United Kingdom with strong growth potential.