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

Albion Development VCT (LON:AADV) declared a dividend on Friday, April 19th, Upcoming.Co.Uk reports. Stockholders 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 viewed at this link.

Albion Development VCT Stock Performance

Albion Development VCT stock traded up GBX 1.50 ($0.02) during trading on Friday, reaching GBX 87 ($1.08). The company had a trading volume of 34,532 shares, compared to its average volume of 22,946. The firm’s 50-day simple moving average is GBX 85.64 and its 200 day simple moving average is GBX 85.03. Albion Development VCT has a 1-year low of GBX 82 ($1.02) and a 1-year high of GBX 91 ($1.13). The firm has a market capitalization of £117.34 million, a PE ratio of 4,350.00 and a beta of 0.04.

Insider Activity at Albion Development VCT

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