M&G Credit Income Investment Trust plc (LON:MGCI – Get Rating) announced a dividend on Wednesday, April 27th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 5th will be given a dividend of GBX 0.82 ($0.01) per share on Friday, May 27th. This represents a yield of 0.82%. The ex-dividend date of this dividend is Thursday, May 5th. The official announcement can be viewed at this link.
LON MGCI opened at GBX 100.50 ($1.28) on Thursday. The company has a market capitalization of £141.07 million and a price-to-earnings ratio of 23.88. M&G Credit Income Investment Trust has a twelve month low of GBX 93.20 ($1.19) and a twelve month high of GBX 102 ($1.30). The stock has a fifty day simple moving average of GBX 97.96 and a 200 day simple moving average of GBX 98.38.
Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 7.20 ($0.09) price target on shares of M&G Credit Income Investment Trust in a report on Monday, February 14th.
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 Exeter, the United Kingdom.
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