M&G Credit Income Investment (LON:MGCI) Raises Dividend to GBX 2.15 Per Share

M&G Credit Income Investment (LON:MGCI) announced a dividend on Wednesday, April 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 2nd will be paid a dividend of GBX 2.15 ($0.03) per share on Friday, May 24th. This represents a yield of 2.35%. The ex-dividend date is Thursday, May 2nd. This is a positive change from M&G Credit Income Investment’s previous dividend of $2.14. The official announcement can be accessed at this link.

M&G Credit Income Investment Price Performance

Shares of LON:MGCI opened at GBX 94.06 ($1.18) on Tuesday. The firm has a market capitalization of £133.38 million, a PE ratio of 1,880.00 and a beta of 0.43. The company has a quick ratio of 1.28, a current ratio of 1.77 and a debt-to-equity ratio of 5.18. The company has a 50-day moving average price of GBX 92.20 and a two-hundred day moving average price of GBX 92.39. M&G Credit Income Investment has a twelve month low of GBX 83.40 ($1.05) and a twelve month high of GBX 98 ($1.23).

About M&G Credit Income Investment

M&G Credit Income Investment Trust plc invests in a portfolio of public and private debt and debt-like instruments. The company was incorporated in 2018 and is based in London, the United Kingdom.