Acorn Income Fund Limited (LON:AIF) declared a dividend on Friday, November 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 5th will be given a dividend of GBX 5.20 ($0.07) per share on Friday, December 20th. This represents a dividend yield of 1.45%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be seen at this link.
LON AIF opened at GBX 357.50 ($4.67) on Friday. The company has a market cap of $56.55 million and a PE ratio of -11.00. The stock’s 50 day simple moving average is GBX 346.92 and its 200-day simple moving average is GBX 345.64. Acorn Income Fund has a 1-year low of GBX 3.88 ($0.05) and a 1-year high of GBX 411.79 ($5.38). The company has a debt-to-equity ratio of 48.11, a current ratio of 4.88 and a quick ratio of 4.85.
In other news, insider John Nigel Ward bought 7,000 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The shares were acquired at an average price of GBX 340 ($4.44) per share, for a total transaction of £23,800 ($31,098.92).
Acorn Income Fund Limited is a closed ended balanced mutual fund launched by Premier Asset Management (Guernsey) Ltd. It is co-managed by Unicorn Asset Management Limited and Premier Fund Managers Limited. The fund invests in public equity and fixed income markets of the United Kingdom. It seeks to invest in securities of companies operating across diversified sectors.
See Also: Are analyst ratings accurate?
Receive News & Ratings for Acorn Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acorn Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.