Kings Arms Yard VCT (LON:KAY) Increases Dividend to GBX 1.54 Per Share

Kings Arms Yard VCT (LON:KAY) declared a dividend on Tuesday, September 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 3rd will be given a dividend of GBX 1.54 ($0.02) per share on Friday, October 25th. This represents a yield of 7.51%. The ex-dividend date of this dividend is Thursday, October 3rd. This is a positive change from Kings Arms Yard VCT’s previous dividend of $0.51. The official announcement can be accessed at this link.

Kings Arms Yard VCT Price Performance

KAY opened at GBX 20.50 ($0.27) on Tuesday. The business has a 50 day simple moving average of GBX 19.78 and a two-hundred day simple moving average of GBX 19.55. The firm has a market capitalization of £115.83 million, a price-to-earnings ratio of 2,030.00 and a beta of -0.01. Kings Arms Yard VCT has a one year low of GBX 18.50 ($0.25) and a one year high of GBX 21 ($0.28).

Kings Arms Yard VCT Company Profile

Kings Arms Yard VCT PLC is a venture capital trust specialized in early stage and growth stage investments. The fund prefers to invest in healthcare technology, information technology, data, and artificial intelligence, fintech and communication technologies sector companies. The fund invests primarily in securities of unquoted companies and in companies whose shares are traded on Alternative Investment Market operating in the areas of information and communication technologies, and healthcare.