M&G Credit Income Investment (LON:MGCI) to Issue Dividend Increase – GBX 2.15 Per Share

M&G Credit Income Investment (LON:MGCI) declared a dividend on Wednesday, April 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 2nd will be given a dividend of GBX 2.15 ($0.03) per share on Friday, May 24th. This represents a yield of 2.35%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a positive change from M&G Credit Income Investment’s previous dividend of $2.14. The official announcement can be accessed at this link.

M&G Credit Income Investment Trading Down 0.7 %

M&G Credit Income Investment stock traded down GBX 0.60 ($0.01) during mid-day trading on Wednesday, hitting GBX 91.60 ($1.13). 226,412 shares of the stock were exchanged, compared to its average volume of 179,827. The company has a quick ratio of 1.28, a current ratio of 1.77 and a debt-to-equity ratio of 5.18. M&G Credit Income Investment has a 12 month low of GBX 83.40 ($1.03) and a 12 month high of GBX 98 ($1.21). The firm’s fifty day simple moving average is GBX 92.44 and its two-hundred day simple moving average is GBX 92.28. The stock has a market capitalization of £129.90 million, a price-to-earnings ratio of 1,832.00 and a beta of 0.43.

M&G Credit Income Investment Company Profile

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.