Barbara Powley Purchases 12,000 Shares of M&G Credit Income Investment (LON:MGCI) Stock

M&G Credit Income Investment (LON:MGCI) insider Barbara Powley bought 12,000 shares of M&G Credit Income Investment stock in a transaction that occurred on Thursday, March 27th. The shares were acquired at an average cost of GBX 96 ($1.24) per share, with a total value of £11,520 ($14,910.69).

M&G Credit Income Investment Trading Down 0.2 %

M&G Credit Income Investment stock opened at GBX 96.41 ($1.25) on Friday. The firm has a market cap of £142.96 million, a PE ratio of 9.19 and a beta of 0.38. M&G Credit Income Investment has a 12 month low of GBX 89 ($1.15) and a 12 month high of GBX 100 ($1.29). The stock’s 50 day simple moving average is GBX 96.23 and its two-hundred day simple moving average is GBX 96.48.

M&G Credit Income Investment (LON:MGCI) last announced its quarterly earnings results on Friday, March 28th. The company reported GBX 7.46 ($0.10) earnings per share (EPS) for the quarter. M&G Credit Income Investment had a net margin of 88.81% and a return on equity of 10.78%.

M&G Credit Income Investment Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 30th were paid a GBX 2.09 ($0.03) dividend. The ex-dividend date was Thursday, January 30th. This represents a dividend yield of 2.14%. M&G Credit Income Investment’s dividend payout ratio is presently 76.27%.

M&G Credit Income Investment Company Profile

M&G Credit Income Investment Trust plc invests in a portfolio of public and private debt and debt-like instruments. The company was incorporated in 2018 and is based in London, the United Kingdom.