Ruffer Investment Company Limited (LON:RICA) to Issue Dividend of GBX 2.85

Ruffer Investment Company Limited (LON:RICA) announced a dividend on Wednesday, March 12th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 20th will be given a dividend of GBX 2.85 ($0.04) per share on Friday, April 4th. This represents a yield of 1.03%. The ex-dividend date of this dividend is Thursday, March 20th. The official announcement can be accessed at this link.

Ruffer Investment Stock Performance

LON RICA traded down GBX 0.50 ($0.01) on Tuesday, hitting GBX 277 ($3.60). The stock had a trading volume of 3,123,895 shares, compared to its average volume of 1,156,263. The firm has a 50-day moving average of GBX 275.25 and a 200-day moving average of GBX 274.11. The company has a market capitalization of £891.32 million, a price-to-earnings ratio of 100.76 and a beta of 0.25. Ruffer Investment has a 52-week low of GBX 261.50 ($3.40) and a 52-week high of GBX 289.50 ($3.76).

Ruffer Investment (LON:RICA) last announced its quarterly earnings results on Wednesday, March 12th. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. Ruffer Investment had a net margin of 51.94% and a return on equity of 0.96%.

Insider Activity at Ruffer Investment

In related news, insider Colleen McHugh purchased 4,000 shares of Ruffer Investment stock in a transaction dated Thursday, March 13th. The stock was purchased at an average cost of GBX 276 ($3.58) per share, for a total transaction of £11,040 ($14,339.52). Also, insider Susie Farnon purchased 5,500 shares of Ruffer Investment stock in a transaction dated Thursday, December 19th. The stock was bought at an average price of GBX 268 ($3.48) per share, with a total value of £14,740 ($19,145.34). 0.23% of the stock is currently owned by corporate insiders.

Ruffer Investment Company Profile

Ruffer Investment Company Limited has a simple aim – consistent positive returns, regardless of how the financial markets perform.

We try not to lose money in any 12 month period, and to grow the value of our investors’ wealth over the long haul.

If we can do this, we should outpace inflation, protecting and increasing the real value of our investors’ income and capital.

The specific investment objective of the Company is to produce a positive total return greater than twice Bank of England Bank Rate.