Cavendish Financial plc (LON:CAV) Insider Mark Astaire Purchases 4,103 Shares

Cavendish Financial plc (LON:CAV) insider Mark Astaire acquired 4,103 shares of the stock in a transaction dated Tuesday, November 12th. The shares were bought at an average price of GBX 11 ($0.14) per share, for a total transaction of £451.33 ($580.79).

Cavendish Financial Stock Down 2.3 %

CAV opened at GBX 10.85 ($0.14) on Friday. The business’s fifty day simple moving average is GBX 10.37 and its 200 day simple moving average is GBX 11.78. Cavendish Financial plc has a 52 week low of GBX 6.80 ($0.09) and a 52 week high of GBX 15 ($0.19). The stock has a market cap of £36.06 million, a PE ratio of -1,074.00 and a beta of 1.23.

Cavendish Financial Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, December 11th. Investors of record on Thursday, November 21st will be issued a dividend of GBX 0.30 ($0.00) per share. This represents a dividend yield of 2.73%. This is a boost from Cavendish Financial’s previous dividend of $0.25. The ex-dividend date is Thursday, November 21st. Cavendish Financial’s dividend payout ratio (DPR) is currently -20,000.00%.

About Cavendish Financial

Cavendish Financial plc provides various financial services to growth companies in the United Kingdom. The company offers equities research, distribution and execution, and analytics services. It provides investment banking services, such as strategic advisory and capital raising services comprising public market fund raisings, including placings, rights issues, and open offers; IPOs; sell-side or buy-side private M&A; public company M&A; debt arrangement and advice; private capital fund raisings; and general advice on strategic options, as well as acts as a corporate broker/NOMAD on a retained basis.