M&G Credit Income Investment (LON:MGCI) Insider Barbara Powley Buys 12,000 Shares

M&G Credit Income Investment (LON:MGCI) insider Barbara Powley purchased 12,000 shares of M&G Credit Income Investment stock in a transaction on Thursday, March 27th. The stock was bought at an average price of GBX 96 ($1.24) per share, for a total transaction of £11,520 ($14,914.55).

M&G Credit Income Investment Stock Performance

Shares of MGCI traded down GBX 0.19 ($0.00) during mid-day trading on Friday, reaching GBX 96.41 ($1.25). 483,516 shares of the company were exchanged, compared to its average volume of 314,407. The business has a 50 day simple moving average of GBX 96.23 and a two-hundred day simple moving average of GBX 96.48. The stock has a market capitalization of £142.96 million, a PE ratio of 9.19 and a beta of 0.38. M&G Credit Income Investment has a 52 week low of GBX 89 ($1.15) and a 52 week high of GBX 100 ($1.29).

M&G Credit Income Investment (LON:MGCI) last announced its earnings results on Friday, March 28th. The company reported GBX 7.46 ($0.10) earnings per share 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 announced a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 30th were paid a dividend of GBX 2.09 ($0.03) per share. The ex-dividend date of this dividend was Thursday, January 30th. This represents a yield of 2.14%. M&G Credit Income Investment’s dividend payout ratio is currently 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.