Volta Finance Limited (LON:VTA) Increases Dividend to €0.15 Per Share

Volta Finance Limited (LON:VTA) declared a dividend on Thursday, December 5th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, December 12th will be paid a dividend of €0.15 ($0.16) per share on Thursday, January 16th. This represents a yield of 2.63%. The ex-dividend date of this dividend is Thursday, December 12th. This is an increase from Volta Finance’s previous dividend of $0.15. The official announcement can be viewed at this link.

Volta Finance Stock Performance

VTA traded up GBX 0.25 ($0.00) during midday trading on Thursday, hitting GBX 5.88 ($0.07). 1,310 shares of the company were exchanged, compared to its average volume of 3,489. The company has a current ratio of 19.19, a quick ratio of 15.15 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of £2.15 million, a price-to-earnings ratio of 0.06 and a beta of 0.87. The company’s 50 day simple moving average is GBX 5.43 and its 200 day simple moving average is GBX 5.28. Volta Finance has a 1-year low of GBX 4.83 ($0.06) and a 1-year high of GBX 5.88 ($0.07).

Insider Activity at Volta Finance

In related news, insider Joanne Peacegood acquired 890 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were acquired at an average price of GBX 550 ($7.02) per share, with a total value of £4,895 ($6,246.01). 0.41% of the stock is owned by corporate insiders.

About Volta Finance

Volta Finance Limited is a closed-ended fixed income mutual fund launched and managed by AXA Investment Managers Paris SA The fund invests in the fixed income markets of Europe and the United States. It primarily invests in corporate credits, sovereign and quasi-sovereign debt, residential mortgage loans, CDOs, ABS, leveraged loans, automobile loans, and debt interests in infrastructure assets.