Fidelity Special Values (LON:FSV) Sets New 12-Month High After Dividend Announcement

Fidelity Special Values (LON:FSV) shares hit a new 52-week high on Monday following a dividend announcement from the company. The company traded as high as GBX 298 ($3.68) and last traded at GBX 296.42 ($3.66), with a volume of 146822 shares trading hands. The stock had previously closed at GBX 295 ($3.64).

The newly announced dividend which will be paid on Thursday, June 20th. Stockholders of record on Thursday, May 9th will be issued a GBX 3.24 ($0.04) dividend. This represents a dividend yield of 1.1%. The ex-dividend date is Thursday, May 9th. Fidelity Special Values’s dividend payout ratio (DPR) is presently 5,294.12%.

Fidelity Special Values Stock Up 0.5 %

The firm’s 50 day moving average is GBX 283.30 and its two-hundred day moving average is GBX 275.73. The stock has a market cap of £960.53 million, a price-to-earnings ratio of 1,735.29 and a beta of 1.11.

Insider Activity

In related news, insider Ominder Dhillon purchased 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The shares were acquired at an average price of GBX 275 ($3.40) per share, with a total value of £5,500 ($6,793.48). Corporate insiders own 0.94% of the company’s stock.

Fidelity Special Values Company Profile

Fidelity Investment Trust – Fidelity Special Values PLC is an open ended equity mutual fund launched and managed by FIL Investment Services (UK) Limited. It is co-managed by FIL Investments International. The fund invests in the public equity markets of the United Kingdoms. It spreads its investments across diversified sectors.