Insider Buying: Ruffer Investment Company Limited (LON:RICA) Insider Purchases 7,511 Shares of Stock

Ruffer Investment Company Limited (LON:RICA) insider Nicholas Pink bought 7,511 shares of the stock in a transaction dated Tuesday, April 9th. The stock was bought at an average price of GBX 266 ($3.37) per share, for a total transaction of £19,979.26 ($25,287.00).

Ruffer Investment Price Performance

Shares of RICA remained flat at GBX 267.50 ($3.39) during mid-day trading on Tuesday. The stock had a trading volume of 985,842 shares, compared to its average volume of 1,323,981. Ruffer Investment Company Limited has a 1 year low of GBX 260.86 ($3.30) and a 1 year high of GBX 310.50 ($3.93). The firm has a market capitalization of £1.01 billion, a PE ratio of -2,665.00 and a beta of 0.24. The company has a 50-day moving average price of GBX 265.01 and a 200 day moving average price of GBX 267.05.

Ruffer Investment Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 7th were paid a GBX 2 ($0.03) dividend. This is an increase from Ruffer Investment’s previous dividend of $1.65. The ex-dividend date of this dividend was Thursday, March 7th. This represents a dividend yield of 0.76%. Ruffer Investment’s dividend payout ratio is presently -3,000.00%.

Ruffer Investment Company Profile

Ruffer Investment Company Limited is a closed-ended balanced mutual fund of funds launched and managed by Ruffer AIFM Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests either directly or through other funds in quoted equities or equity related securities and bonds which are issued by corporate issuers, supra-nationals, or government organizations.