Diverse Income Trust (LON:DIVI) Raises Dividend to GBX 1.05 Per Share

Diverse Income Trust (LON:DIVI) declared a dividend on Tuesday, February 11th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 20th will be paid a dividend of GBX 1.05 ($0.01) per share on Friday, May 30th. This represents a dividend yield of 1.14%. The ex-dividend date of this dividend is Thursday, March 20th. This is a 5.0% increase from Diverse Income Trust’s previous dividend of $1.00. The official announcement can be accessed at this link.

Diverse Income Trust Stock Performance

Shares of Diverse Income Trust stock remained flat at GBX 91 ($1.18) during trading hours on Tuesday. The stock had a trading volume of 574,689 shares, compared to its average volume of 584,800. Diverse Income Trust has a fifty-two week low of GBX 83 ($1.08) and a fifty-two week high of GBX 95.80 ($1.24). The stock has a 50-day moving average price of GBX 92.50 and a 200 day moving average price of GBX 91.69. The firm has a market cap of £214.68 million and a P/E ratio of -505.56.

Diverse Income Trust (LON:DIVI) last issued its quarterly earnings data on Tuesday, February 11th. The company reported GBX 2.63 ($0.03) earnings per share for the quarter.

About Diverse Income Trust

The Company aims to provide shareholders with an attractive and growing level of dividends coupled with capital growth over the long term.

The Company invests primarily in quoted or traded UK companies with a wide range of market capitalisations, but a long-term bias toward small and mid-cap equities.