GCP Asset Backed Income Fund Ltd (LON:GABI) to Issue GBX 1.55 Dividend

GCP Asset Backed Income Fund Ltd (LON:GABI) declared a dividend on Thursday, July 23rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 30th will be paid a dividend of GBX 1.55 ($0.02) per share on Friday, August 28th. This represents a dividend yield of 1.74%. The ex-dividend date is Thursday, July 30th. The official announcement can be accessed at this link.

Shares of GABI opened at GBX 90 ($1.11) on Thursday. The firm has a market capitalization of $397.34 million and a price-to-earnings ratio of 13.24. GCP Asset Backed Income Fund has a one year low of GBX 66 ($0.81) and a one year high of GBX 109.65 ($1.35). The company has a debt-to-equity ratio of 2.06, a quick ratio of 42.89 and a current ratio of 42.90. The stock’s fifty day moving average is GBX 88.09 and its 200-day moving average is GBX 92.90.

In other news, insider Joanna Dentskevich bought 17,000 shares of the stock in a transaction on Monday, June 1st. The stock was purchased at an average price of GBX 92 ($1.13) per share, for a total transaction of £15,640 ($19,246.86).

GCP Asset Backed Income Fund Company Profile

Project Finance Investments Limited is an investment firm based in Jersey, Channel Islands.

Featured Story: Outstanding Shares, Buying and Selling Stocks

Dividend History for GCP Asset Backed Income Fund (LON:GABI)

Receive News & Ratings for GCP Asset Backed Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCP Asset Backed Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.