Nippon Active Value Fund plc (LON:NAVF) to Issue Dividend Increase – GBX 3.25 Per Share

Nippon Active Value Fund plc (LON:NAVF) declared a dividend on Tuesday, April 8th, DividendData.Co.Uk reports. Investors of record on Thursday, April 17th will be given a dividend of GBX 3.25 ($0.04) per share on Friday, May 23rd. This represents a dividend yield of 1.82%. The ex-dividend date is Thursday, April 17th. This is a 103.1% increase from Nippon Active Value Fund’s previous dividend of $1.60. The official announcement can be viewed at this link.

Nippon Active Value Fund Price Performance

LON NAVF opened at GBX 175 ($2.24) on Wednesday. The company has a fifty day moving average of GBX 187.12 and a two-hundred day moving average of GBX 186.27. The company has a market capitalization of £333.62 million and a PE ratio of 4.18. Nippon Active Value Fund has a 1 year low of GBX 156.50 ($2.00) and a 1 year high of GBX 194 ($2.48).

Nippon Active Value Fund (LON:NAVF) last posted its earnings results on Tuesday, April 8th. The company reported GBX 3.27 ($0.04) earnings per share for the quarter. Nippon Active Value Fund had a return on equity of 19.87% and a net margin of 96.16%.