Cavendish Financial plc (LON:CAV) Insider Mark Astaire Buys 4,103 Shares

Cavendish Financial plc (LON:CAV) insider Mark Astaire purchased 4,103 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were bought at an average price of GBX 11 ($0.14) per share, for a total transaction of £451.33 ($580.79).

Cavendish Financial Price Performance

Shares of LON CAV traded down GBX 0.15 ($0.00) during midday trading on Wednesday, reaching GBX 10.85 ($0.14). 409,986 shares of the company traded hands, compared to its average volume of 419,835. The company has a market cap of £36.06 million, a price-to-earnings ratio of -1,114.00 and a beta of 1.23. Cavendish Financial plc has a 52 week low of GBX 6.80 ($0.09) and a 52 week high of GBX 15 ($0.19). The stock has a 50-day moving average price of GBX 10.40 and a 200 day moving average price of GBX 11.79.

Cavendish Financial Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Thursday, November 21st will be paid a dividend of GBX 0.30 ($0.00) per share. This is an increase from Cavendish Financial’s previous dividend of $0.25. This represents a yield of 2.73%. The ex-dividend date is Thursday, November 21st. Cavendish Financial’s payout ratio is -20,000.00%.

Cavendish Financial Company Profile

Cavendish Financial plc provides various financial services to growth companies in the United Kingdom. The company offers equities research, distribution and execution, and analytics services. It provides investment banking services, such as strategic advisory and capital raising services comprising public market fund raisings, including placings, rights issues, and open offers; IPOs; sell-side or buy-side private M&A; public company M&A; debt arrangement and advice; private capital fund raisings; and general advice on strategic options, as well as acts as a corporate broker/NOMAD on a retained basis.