Northern Venture Trust (LON:NVT) Announces Dividend of GBX 1.60

Northern Venture Trust (LON:NVT) declared a dividend on Tuesday, June 18th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 25th will be given a dividend of GBX 1.60 ($0.02) per share on Friday, August 23rd. This represents a dividend yield of 2.78%. The ex-dividend date is Thursday, July 25th. The official announcement can be accessed at this link.

Northern Venture Trust Price Performance

Shares of NVT opened at GBX 56 ($0.72) on Wednesday. Northern Venture Trust has a 1-year low of GBX 54 ($0.70) and a 1-year high of GBX 59.20 ($0.77). The company has a market capitalization of £107.09 million, a P/E ratio of -821.43 and a beta of 0.17. The firm’s 50 day simple moving average is GBX 56.96 and its 200 day simple moving average is GBX 57.14.

About Northern Venture Trust

Northern Venture Trust PLC is a venture capital trust specializing in direct and fund of funds investments. The fund seeks to make investments in middle market, buyouts, later stage, and mature companies. Within fund of funds, it makes private equity fund investments. The fund typically invests between £2 million ($3.1 million) and £10 million ($15.59 million) in companies with enterprise values between £10 million ($15.59 million) and £30 million ($46.77 million).