Mobius Investment Trust plc (LON:MMIT) Insider Diana Dyer Bartlett Buys 30,992 Shares

Mobius Investment Trust plc (LON:MMIT) insider Diana Dyer Bartlett acquired 30,992 shares of the business’s stock in a transaction that occurred on Tuesday, May 27th. The shares were acquired at an average cost of GBX 128 ($1.73) per share, for a total transaction of £39,669.76 ($53,607.78).

Mobius Investment Trust Stock Up 0.4%

MMIT stock opened at GBX 129 ($1.74) on Wednesday. The firm has a 50 day moving average of GBX 125.38 and a two-hundred day moving average of GBX 135.92. Mobius Investment Trust plc has a 12 month low of GBX 107.70 ($1.46) and a 12 month high of GBX 149.01 ($2.01). The company has a market capitalization of £149.43 million, a price-to-earnings ratio of 8.63 and a beta of 0.74.

Mobius Investment Trust (LON:MMIT) last issued its quarterly earnings data on Monday, March 10th. The company reported GBX 1.91 ($0.03) earnings per share (EPS) for the quarter. Mobius Investment Trust had a net margin of 81.04% and a return on equity of 10.49%.

Mobius Investment Trust Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Thursday, May 1st will be paid a dividend of GBX 1.70 ($0.02) per share. This represents a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, May 1st. This is an increase from Mobius Investment Trust’s previous dividend of $1.25. Mobius Investment Trust’s dividend payout ratio is 6.69%.

About Mobius Investment Trust

Mobius Investment Trust plc (“MMIT”) is a closed-ended investment company listed on London Stock Exchange (LSE: MMIT).

MMIT provides investors with access to a high conviction portfolio of 20-30 small to mid-cap companies, across emerging and frontier markets.

The London listed investment trust will be managed by Mobius Capital Partners LLP (“MCP”), an investment manager launched in May 2018 by Mark Mobius, Carlos Hardenberg and Greg Konieczny.