Albion Development VCT (LON:AADV) Plans Dividend of GBX 2.22

Albion Development VCT (LON:AADV) declared a dividend on Friday, April 19th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 2nd will be given a dividend of GBX 2.22 ($0.03) per share on Friday, May 31st. This represents a dividend yield of 2.55%. The ex-dividend date of this dividend is Thursday, May 2nd. The official announcement can be seen at this link.

Albion Development VCT Trading Up 1.8 %

Shares of LON:AADV traded up GBX 1.50 ($0.02) during midday trading on Friday, reaching GBX 87 ($1.08). 34,532 shares of the company were exchanged, compared to its average volume of 22,946. The business’s fifty day moving average is GBX 85.64 and its two-hundred day moving average is GBX 85.03. Albion Development VCT has a one year low of GBX 82 ($1.02) and a one year high of GBX 91 ($1.13). The stock has a market cap of £117.34 million, a PE ratio of 4,350.00 and a beta of 0.04.

Insider Buying and Selling

In related news, insider Brendan W. Larkin bought 53,527 shares of the company’s stock in a transaction that occurred on Friday, March 22nd. The stock was purchased at an average price of GBX 93 ($1.16) per share, for a total transaction of £49,780.11 ($61,969.51). 0.57% of the stock is owned by company insiders.

About Albion Development VCT

Albion Development VCT PLC is a venture capital trust specialized investments in early stage and growth stage investments. The fund provides equity and debt finance to growing unquoted companies across various sectors. The fund invests in technology-orientated companies, service and asset-backed businesses software and computer services, fintech and medical technology sectors.