Phaunos Timber Fund Ltd. (LON:PTF) announced a dividend on Monday, June 19th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, June 29th will be given a dividend of $0.02 per share on Friday, July 28th. This represents a yield of 3.14%. The ex-dividend date of this dividend is Thursday, June 29th. This is a positive change from Phaunos Timber Fund’s previous dividend of $0.003. The official announcement can be accessed at this link.

Phaunos Timber Fund (PTF) traded up 2.00% during mid-day trading on Monday, reaching GBX 0.51. The company’s stock had a trading volume of 12,988 shares. Phaunos Timber Fund has a 1-year low of GBX 0.37 and a 1-year high of GBX 0.51. The firm has a 50-day moving average of GBX 0.55 and a 200 day moving average of GBX 0.54.

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Phaunos Timber Fund Company Profile

Phaunos Timber Fund Limited is a Guernsey-based closed-ended investment company. The Company’s investment objective is to provide shareholders with long term total returns, predominantly expected to be in the form of capital appreciation but with some income, through a diversified portfolio of timberland and timber-related investments.

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