Diverse Income Trust (LON:DIVI) Declares Dividend of GBX 1.05

Diverse Income Trust (LON:DIVI) announced a dividend on Tuesday, February 11th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 20th will be given a dividend of GBX 1.05 ($0.01) per share on Friday, May 30th. This represents a yield of 1.14%. The ex-dividend date of this dividend is Thursday, March 20th. This is a 5.0% increase from Diverse Income Trust’s previous dividend of $1.00. The official announcement can be accessed at this link.

Diverse Income Trust Stock Performance

LON DIVI remained flat at GBX 91 ($1.18) on Tuesday. The company’s stock had a trading volume of 574,689 shares, compared to its average volume of 584,800. Diverse Income Trust has a 1-year low of GBX 83 ($1.08) and a 1-year high of GBX 95.80 ($1.24). The firm’s 50-day simple moving average is GBX 92.50 and its 200-day simple moving average is GBX 91.69. The firm has a market capitalization of £214.68 million and a price-to-earnings ratio of -505.56.

Diverse Income Trust (LON:DIVI) last released its quarterly earnings data on Tuesday, February 11th. The company reported GBX 2.63 ($0.03) earnings per share for the quarter.

Diverse Income Trust Company Profile

The Company aims to provide shareholders with an attractive and growing level of dividends coupled with capital growth over the long term.

The Company invests primarily in quoted or traded UK companies with a wide range of market capitalisations, but a long-term bias toward small and mid-cap equities.