Invesco Bond Income Plus (LON:BIPS) Trading Up 0.3%

Invesco Bond Income Plus Limited (LON:BIPS)’s stock price shot up 0.3% during trading on Friday . The company traded as high as GBX 172.10 ($2.24) and last traded at GBX 172 ($2.23). 217,531 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 301,810 shares. The stock had previously closed at GBX 171.50 ($2.23).

Invesco Bond Income Plus Price Performance

The company has a debt-to-equity ratio of 15.78, a quick ratio of 0.09 and a current ratio of 0.37. The firm has a fifty day simple moving average of GBX 170.98 and a two-hundred day simple moving average of GBX 170.75. The firm has a market cap of £332.61 million, a PE ratio of 955.56 and a beta of 0.39.

Invesco Bond Income Plus Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, August 19th. Investors of record on Thursday, July 11th were issued a GBX 2.88 ($0.04) dividend. This represents a dividend yield of 1.68%. The ex-dividend date was Thursday, July 11th. Invesco Bond Income Plus’s dividend payout ratio (DPR) is presently 6,666.67%.

Invesco Bond Income Plus Company Profile

Invesco Bond Income Plus Limited is a closed-ended fixed income mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by INVESCO Asset Management Limited. The fund invests in fixed income markets across the globe. It primarily invests in high yield fixed income securities including preference shares, convertible and redeemable loan stocks, corporate bonds, and government bonds.