Acorn Income Fund Limited (LON:AIF) declared a dividend on Friday, November 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 5th will be given a dividend of GBX 5.20 ($0.07) per share on Friday, December 20th. This represents a dividend yield of 1.45%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be accessed at this link.
Shares of LON AIF remained flat at $GBX 357.50 ($4.67) during midday trading on Friday. The company had a trading volume of 11,445 shares, compared to its average volume of 12,839. The company has a current ratio of 4.88, a quick ratio of 4.85 and a debt-to-equity ratio of 48.11. Acorn Income Fund has a 52-week low of GBX 3.88 ($0.05) and a 52-week high of GBX 411.79 ($5.38). The company’s 50-day moving average is GBX 346.62 and its two-hundred day moving average is GBX 345.67. The company has a market capitalization of $56.55 million and a PE ratio of -11.00.
In related news, insider John Nigel Ward purchased 7,000 shares of the stock in a transaction that occurred on Wednesday, September 25th. The shares were purchased at an average price of GBX 340 ($4.44) per share, with a total value of £23,800 ($31,098.92).
Acorn Income Fund Company Profile
Acorn Income Fund Limited is a closed ended balanced mutual fund launched by Premier Asset Management (Guernsey) Ltd. It is co-managed by Unicorn Asset Management Limited and Premier Fund Managers Limited. The fund invests in public equity and fixed income markets of the United Kingdom. It seeks to invest in securities of companies operating across diversified sectors.
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