Maven Income and Growth VCT 3 PLC (LON:MIG3) Insider Acquires £15,115.38 in Stock

Maven Income and Growth VCT 3 PLC (LON:MIG3) insider David Priseman purchased 29,638 shares of the stock in a transaction on Wednesday, May 1st. The shares were purchased at an average price of GBX 51 ($0.64) per share, with a total value of £15,115.38 ($18,986.79).

Maven Income and Growth VCT 3 Stock Performance

Shares of MIG3 opened at GBX 48 ($0.60) on Friday. The firm’s fifty day simple moving average is GBX 48.54 and its two-hundred day simple moving average is GBX 49.42. Maven Income and Growth VCT 3 PLC has a 12 month low of GBX 47 ($0.59) and a 12 month high of GBX 53.50 ($0.67). The stock has a market capitalization of £55.12 million, a P/E ratio of 5,250.00 and a beta of 0.13.

Maven Income and Growth VCT 3 Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 3rd. Investors of record on Thursday, March 21st were given a dividend of GBX 2.15 ($0.03) per share. This is a positive change from Maven Income and Growth VCT 3’s previous dividend of $0.50. The ex-dividend date of this dividend was Thursday, March 21st. This represents a dividend yield of 4.3%.

Maven Income and Growth VCT 3 Company Profile

Maven Income and Growth VCT 3 PLC is a venture capital trust fund specializing in development capital and early stage investments. In case of private companies, the fund prefers to invest in later stage. It does not invest in hostile public to private transactions. The fund's objective is to achieve long-term capital appreciation principally through investment in smaller unquoted companies and AIM quoted companies in the United Kingdom with strong growth potential.