CVC Income & Growth Limited (LON:CVCE) Insider Purchases £24,898.89 in Stock

CVC Income & Growth Limited (LON:CVCE) insider Stephanie Carbonneil bought 20,243 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was bought at an average cost of GBX 123 ($1.53) per share, with a total value of £24,898.89 ($30,888.09).

CVC Income & Growth Price Performance

Shares of LON:CVCE opened at GBX 1.11 ($0.01) on Friday. The stock has a market capitalization of £1.16 million and a price-to-earnings ratio of 22.20. The business’s fifty day moving average price is GBX 1.06 and its two-hundred day moving average price is GBX 1.03. CVC Income & Growth Limited has a fifty-two week low of GBX 0.91 ($0.01) and a fifty-two week high of GBX 1.11 ($0.01).

CVC Income & Growth Increases Dividend

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