Volta Finance (LON:VTA) Sets New 1-Year High – Here’s What Happened

Volta Finance Limited (LON:VTA) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 6.40 ($0.08) and last traded at GBX 6.40 ($0.08), with a volume of 4219 shares trading hands. The stock had previously closed at GBX 6.20 ($0.08).

Volta Finance Stock Up 3.2 %

The business’s fifty day moving average is GBX 6.06 and its two-hundred day moving average is GBX 5.58. The stock has a market cap of £2.34 million, a price-to-earnings ratio of 0.07 and a beta of 0.87. The company has a quick ratio of 15.15, a current ratio of 19.19 and a debt-to-equity ratio of 0.18.

Volta Finance Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, December 12th were issued a dividend of €0.15 ($0.16) per share. This is an increase from Volta Finance’s previous dividend of $0.15. The ex-dividend date was Thursday, December 12th. This represents a yield of 2.63%. Volta Finance’s dividend payout ratio is 0.67%.

Volta Finance Company Profile

Volta Finance Limited (the “Company” or “Volta”) is a closed-ended limited liability company registered in Guernsey under the Companies (Guernsey) Law, 2008 (as amended) with registered number 45747.

Volta’s investment objectives are to seek to preserve capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis.