Insider Buying: Octopus Apollo VCT (LON:OAP3) Insider Buys 60,279 Shares of Stock

Octopus Apollo VCT (LON:OAP3) insider Murray Steele acquired 60,279 shares of Octopus Apollo VCT stock in a transaction that occurred on Tuesday, April 1st. The shares were purchased at an average price of GBX 54 ($0.70) per share, for a total transaction of £32,550.66 ($42,268.10).

Octopus Apollo VCT Stock Performance

Shares of LON:OAP3 opened at GBX 46 ($0.60) on Thursday. The company’s fifty day moving average is GBX 45.66 and its two-hundred day moving average is GBX 45.77. Octopus Apollo VCT has a 1-year low of GBX 42.75 ($0.56) and a 1-year high of GBX 50 ($0.65). The stock has a market capitalization of £442.47 million, a price-to-earnings ratio of -76.80 and a beta of -0.09.

Octopus Apollo VCT Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 17th will be paid a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a yield of 2.74%. Octopus Apollo VCT’s dividend payout ratio (DPR) is -500.88%.

Octopus Apollo VCT Company Profile

Octopus Apollo VCT plc is a venture capital trust specializing in development and expansion investments in smaller unquoted companies. The fund invests in small and medium sized companies in the United Kingdom. It typically invests in companies with debt investment values between £1 million ($1.64 million) and £2 million ($3.29 million).