Octopus Titan VCT plc (OTV2) to Issue Dividend of GBX 3 on May 24th

Octopus Titan VCT plc (LON:OTV2 – Get Rating) announced a dividend on Friday, March 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 4th will be paid a dividend of GBX 3 ($0.04) per share on Wednesday, May 24th. This represents a dividend yield of 3.97%. The ex-dividend date is Thursday, May 4th. This is a positive change from Octopus Titan VCT’s previous dividend of $2.00. The official announcement can be accessed at this link.

Octopus Titan VCT Stock Performance

Shares of OTV2 stock opened at GBX 81.50 ($0.99) on Friday. The company has a market cap of £1.12 billion, a P/E ratio of -679.17 and a beta of -0.10. The firm has a fifty day moving average price of GBX 81.79 and a 200 day moving average price of GBX 85.05. Octopus Titan VCT has a 12 month low of GBX 75 ($0.91) and a 12 month high of GBX 102 ($1.24).

Insider Transactions at Octopus Titan VCT

In other Octopus Titan VCT news, insider Gaenor Bagley acquired 324 shares of the firm’s stock in a transaction that occurred on Thursday, December 22nd. The shares were purchased at an average cost of GBX 89 ($1.08) per share, for a total transaction of £288.36 ($351.44). Insiders own 0.21% of the company’s stock.

Octopus Titan VCT Company Profile

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Octopus Titan VCT plc is a venture capital trust specializing in early stage startups, early venture, mid venture, late venture and expansion investments. It invests in companies that are not listed on the main market of the London Stock Exchange. The fund seeks to invest in environmental, technology, media, telecoms, consumer lifestyle and wellbeing sectors.