Shares of Rights & Issues Investment Trust (LON:RIII – Get Free Report) traded up 0.9% during mid-day trading on Thursday . The stock traded as high as GBX 2,329.51 ($30.49) and last traded at GBX 2,300 ($30.10). 2,570 shares traded hands during trading, a decline of 46% from the average session volume of 4,733 shares. The stock had previously closed at GBX 2,280 ($29.84).
Rights & Issues Investment Trust Trading Up 0.9 %
The stock has a 50-day moving average price of GBX 2,412.22 and a 200 day moving average price of GBX 2,330.88. The stock has a market capitalization of £122.82 million, a price-to-earnings ratio of 3,770.49 and a beta of 0.74.
Rights & Issues Investment Trust Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, August 22nd were given a GBX 12 ($0.16) dividend. This represents a dividend yield of 0.49%. The ex-dividend date was Thursday, August 22nd. Rights & Issues Investment Trust’s dividend payout ratio (DPR) is presently 7,049.18%.
About Rights & Issues Investment Trust
Rights and Issues Investment Trust Public Limited Company is a self-managed investment trust. The firm invests in public equity markets of the United Kingdom. It invests in stocks of small-cap companies. The firm benchmarks the performance of its portfolio against the FTSE All share index. Rights and Issues Investment Trust Public Limited Company was founded in 1963 and is based in London, United Kingdom.
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