ICG Longbow Snr Sec UK Prop Dt Inv Ltd (LON:LBOW) announced a dividend on Friday, December 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 21st will be given a dividend of GBX 1.50 ($0.02) per share on Friday, January 19th. This represents a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, December 21st. The official announcement can be viewed at this link.

ICG Longbow Snr Sec UK Prop Dt Inv (LON:LBOW) traded down GBX 0.38 ($0.01) during midday trading on Friday, hitting GBX 102 ($1.37). 66,361 shares of the company traded hands, compared to its average volume of 36,234. ICG Longbow Snr Sec UK Prop Dt Inv has a fifty-two week low of GBX 100.75 ($1.36) and a fifty-two week high of GBX 106.25 ($1.43).

In related news, insider John (Jack) Perry CBE bought 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 24th. The stock was purchased at an average cost of GBX 102 ($1.37) per share, for a total transaction of £15,300 ($20,592.19).

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ICG Longbow Snr Sec UK Prop Dt Inv Company Profile

ICG-Longbow Senior Secured UK Property Debt Investments Limited is a closed-ended investment company. The Company’s investment objective is to construct a portfolio of quality, defensive, senior debt investments secured by first ranking fixed charges against the United Kingdom commercial property investments, providing target dividends of circa 6% per annum on the initial public offer (IPO) issue price, paid quarterly, with an underlying target portfolio internal rate of return (IRR) of 8% per annum.

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