Northern 2 VCT plc (NTV) Plans Dividend of GBX 8.50

Northern 2 VCT plc (LON:NTV) announced a dividend on Monday, June 12th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 22nd will be given a dividend of GBX 8.50 ($0.11) per share on Friday, July 21st. This represents a dividend yield of 11.49%. The ex-dividend date is Thursday, June 22nd. This is a boost from Northern 2 VCT plc’s previous dividend of $2.00. The official announcement can be seen at this link.

Shares of Northern 2 VCT plc (LON NTV) opened at 76.00 on Friday. Northern 2 VCT plc has a 52-week low of GBX 65.50 and a 52-week high of GBX 77.00. The stock’s 50 day moving average is GBX 0.76 and its 200 day moving average is GBX 0.75. The stock’s market cap is GBX 70.59 million.

In other news, insider David Gravells bought 7,767 shares of the firm’s stock in a transaction that occurred on Monday, April 3rd. The stock was purchased at an average price of GBX 77 ($0.97) per share, with a total value of £5,980.59 ($7,565.58).

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About Northern 2 VCT plc

Northern 2 VCT PLC is a venture capital trust (VCT). The Company’s objective is to provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth. The Company invests mainly in unquoted venture capital holdings. It also invests in unquoted the United Kingdom manufacturing and service businesses.

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