Develop North (DVNO) to Issue Dividend of GBX 1 on September 27th

Develop North (LON:DVNO) declared a dividend on Friday, August 30th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 12th will be given a dividend of GBX 1 ($0.01) per share on Friday, September 27th. This represents a yield of 1.28%. The ex-dividend date is Thursday, September 12th. The official announcement can be viewed at this link.

Develop North Stock Performance

LON:DVNO opened at GBX 78 ($1.03) on Friday. The business’s fifty day moving average price is GBX 75.74 and its 200 day moving average price is GBX 76.60. The firm has a market capitalization of £19.48 million, a PE ratio of 7,800.00 and a beta of 0.16. Develop North has a 12 month low of GBX 68 ($0.90) and a 12 month high of GBX 88 ($1.16). The company has a debt-to-equity ratio of 13.50, a current ratio of 93.57 and a quick ratio of 6.87.

About Develop North

Develop North PLC, an investment company, provides a portfolio of fixed rate loans primarily secured over land and/or property in the United Kingdom. The company also invests in financial assets comprising loans. It makes investments primarily through senior secured loans; and other loans, such as bridging loans, selected loan financings, subordinated loans, and other debt instruments.