Baronsmead Second Venture Trust (LON:BMD) to Issue Dividend Increase – GBX 2.25 Per Share

Baronsmead Second Venture Trust (LON:BMD) announced a dividend on Wednesday, December 24th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, February 13th will be given a dividend of GBX 2.25 ($0.03) per share on Monday, March 17th. This represents a dividend yield of 4.21%. The ex-dividend date of this dividend is Thursday, February 13th. This is a boost from Baronsmead Second Venture Trust’s previous dividend of $1.75. The official announcement can be seen at this link.

Baronsmead Second Venture Trust Stock Performance

LON:BMD opened at GBX 54 ($0.67) on Tuesday. The firm has a market capitalization of £213.94 million, a price-to-earnings ratio of 5,400.00 and a beta of 0.24. Baronsmead Second Venture Trust has a 1-year low of GBX 51.50 ($0.64) and a 1-year high of GBX 58.50 ($0.72). The business’s fifty day moving average price is GBX 53.44 and its 200 day moving average price is GBX 54.88.

Baronsmead Second Venture Trust (LON:BMD) last released its quarterly earnings results on Tuesday, December 24th. The company reported GBX 0.48 ($0.01) earnings per share (EPS) for the quarter. Baronsmead Second Venture Trust had a return on equity of 1.98% and a net margin of 42.87%.

Baronsmead Second Venture Trust Company Profile

Baronsmead Second Venture Trust plc is a venture capital trust managed by ISIS Equity Partners LLP. It invests in a portfolio of unquoted companies in the United Kingdom. The trust primarily invests in the media, business services, consumer, information technology support services, technology-enabled companies, and healthcare sectors.