Octopus Titan VCT plc (LON:OTV2) Plans Dividend Increase – GBX 3 Per Share

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 given a dividend of GBX 3 ($0.04) per share on Wednesday, May 24th. This represents a yield of 3.97%. The ex-dividend date of this dividend 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 Price Performance

OTV2 opened at GBX 81.50 ($0.99) on Friday. The stock has a market cap of £1.12 billion, a PE ratio of -679.17 and a beta of -0.10. Octopus Titan VCT has a 52 week low of GBX 75 ($0.91) and a 52 week high of GBX 102 ($1.24). The business has a 50 day moving average of GBX 81.79 and a 200-day moving average of GBX 85.10.

Insider Transactions at Octopus Titan VCT

In other Octopus Titan VCT news, insider Gaenor Bagley acquired 324 shares of the stock in a transaction dated Thursday, December 22nd. The stock was purchased at an average cost of GBX 89 ($1.08) per share, with a total value of £288.36 ($351.44). Corporate insiders own 0.21% of the company’s stock.

About Octopus Titan VCT

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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.