Invesco Bond Income Plus Limited (LON:BIPS) Insider Purchases £13,920 in Stock

Invesco Bond Income Plus Limited (LON:BIPS) insider Heather MacCallum purchased 8,000 shares of the stock in a transaction dated Monday, October 7th. The shares were acquired at an average cost of GBX 174 ($2.28) per share, for a total transaction of £13,920 ($18,217.51).

Invesco Bond Income Plus Trading Down 0.3 %

Shares of LON:BIPS opened at GBX 172.50 ($2.26) on Friday. The stock’s 50-day simple moving average is GBX 172.38 and its two-hundred day simple moving average is GBX 171.31. The stock has a market capitalization of £344.05 million, a price-to-earnings ratio of 862.50 and a beta of 0.40. Invesco Bond Income Plus Limited has a 52-week low of GBX 155.13 ($2.03) and a 52-week high of GBX 175.50 ($2.30). The company has a debt-to-equity ratio of 12.95, a quick ratio of 0.09 and a current ratio of 0.31.

Invesco Bond Income Plus Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 17th will be issued a dividend of GBX 2.88 ($0.04) per share. The ex-dividend date of this dividend is Thursday, October 17th. This represents a yield of 1.66%. Invesco Bond Income Plus’s dividend payout ratio is currently 6,000.00%.

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.