Invesco Bond Income Plus (LON:BIPS) Announces Quarterly Earnings Results

Invesco Bond Income Plus (LON:BIPS) released its quarterly earnings results on Thursday. The company reported GBX 12.08 ($0.16) EPS for the quarter, Digital Look Earnings reports. Invesco Bond Income Plus had a return on equity of 11.70% and a net margin of 157.83%.

Invesco Bond Income Plus Stock Up 0.3 %

Shares of LON BIPS opened at GBX 173.50 ($2.24) on Friday. Invesco Bond Income Plus has a 52-week low of GBX 164 ($2.12) and a 52-week high of GBX 177.50 ($2.29). The company has a debt-to-equity ratio of 12.95, a quick ratio of 0.09 and a current ratio of 0.31. The company’s 50 day moving average price is GBX 172.42 and its 200-day moving average price is GBX 171.69. The company has a market capitalization of £352.33 million, a P/E ratio of 8.89 and a beta of 0.40.

Invesco Bond Income Plus Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, January 16th were issued a dividend of GBX 2.88 ($0.04) per share. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 1.72%. Invesco Bond Income Plus’s payout ratio is 61.45%.

About Invesco Bond Income Plus

Managed by Rhys Davies and Edward Craven, the Company’s investment objective is to seek to obtain both high income and capital growth from investment, predominantly in high-yielding fixed-interest securities.