Foresight VCT (LON:FTV) Announces Earnings Results

Foresight VCT (LON:FTV) announced its earnings results on Wednesday. The company reported GBX 0.70 ($0.01) earnings per share for the quarter, Digital Look Earnings reports. Foresight VCT had a return on equity of 10.05% and a net margin of 75.85%.

Foresight VCT Stock Performance

FTV opened at GBX 71 ($0.94) on Friday. Foresight VCT has a 52 week low of GBX 67.50 ($0.90) and a 52 week high of GBX 84 ($1.11). The firm has a market capitalization of £213.26 million, a PE ratio of 8.66 and a beta of 0.04. The company has a fifty day moving average price of GBX 74.34 and a two-hundred day moving average price of GBX 73.69.

Foresight VCT Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be given a dividend of GBX 6.40 ($0.08) per share. This is a boost from Foresight VCT’s previous dividend of $4.40. The ex-dividend date of this dividend is Thursday, May 15th. This represents a dividend yield of 8.59%. Foresight VCT’s payout ratio is currently 48.81%.

Foresight VCT Company Profile

Foresight VCT Plc is a private equity and buyouts firm, venture capital trust and managed by Foresight Group. This fund invests in SME, later stage growth capital opportunities across a range of sectors. It engages in investments in unquoted or AIM-listed companies in the United Kingdom. It invests in technology companies in United Kingdom.