Insider Buying: M&G Credit Income Investment (LON:MGCI) Insider Purchases 15,000 Shares of Stock

Posted by ABMN Staff on Apr 4th, 2025

M&G Credit Income Investment (LON:MGCI – Get Free Report) insider Richard Boleat acquired 15,000 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The stock was acquired at an average price of GBX 97 ($1.27) per share, with a total value of £14,550 ($19,064.47).

M&G Credit Income Investment Price Performance

LON:MGCI opened at GBX 96 ($1.26) on Friday. The company has a market capitalization of £142.35 million, a P/E ratio of 9.15 and a beta of 0.38. M&G Credit Income Investment has a 52 week low of GBX 89 ($1.17) and a 52 week high of GBX 100 ($1.31). The stock’s fifty day moving average is GBX 96.14 and its two-hundred day moving average is GBX 96.50.

M&G Credit Income Investment (LON:MGCI – Get Free Report) last issued its quarterly earnings data 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 business also recently disclosed a dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, January 30th were issued 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 currently 76.27%.

About M&G Credit Income Investment

(Get Free Report)

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.