Maven Income and Growth VCT 3 (LON:MIG3) Issues Quarterly Earnings Results

Posted by Jessica Moore on Mar 20th, 2025

Maven Income and Growth VCT 3 (LON:MIG3 – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported GBX 0.49 ($0.01) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Maven Income and Growth VCT 3 had a net margin of 26.21% and a return on equity of 1.12%.

Maven Income and Growth VCT 3 Stock Performance

LON:MIG3 opened at GBX 49 ($0.64) on Thursday. The company’s 50-day moving average price is GBX 48.33 and its 200-day moving average price is GBX 48.94. The company has a market cap of £61.08 million, a P/E ratio of 83.81 and a beta of 0.13. Maven Income and Growth VCT 3 has a twelve month low of GBX 46 ($0.60) and a twelve month high of GBX 51 ($0.66).

Maven Income and Growth VCT 3 Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 9th. Shareholders of record on Thursday, March 27th will be issued a dividend of GBX 2.15 ($0.03) per share. This represents a yield of 4.39%. This is an increase from Maven Income and Growth VCT 3’s previous dividend of $1.00. The ex-dividend date is Thursday, March 27th. Maven Income and Growth VCT 3’s dividend payout ratio (DPR) is presently 513.12%.

About Maven Income and Growth VCT 3

(Get Free Report)

Maven Income and Growth VCT 3 PLC is a venture capital trust fund specializing in development capital and early stage investments. In case of private companies, the fund prefers to invest in later stage. It does not invest in hostile public to private transactions. The fund's objective is to achieve long-term capital appreciation principally through investment in smaller unquoted companies and AIM quoted companies in the United Kingdom with strong growth potential.