Foresight VCT (LON:FTV) Issues Earnings Results

Foresight VCT (LON:FTV) issued its quarterly earnings data on Wednesday. The company reported GBX 0.70 ($0.01) earnings per share for the quarter, Digital Look Earnings reports. Foresight VCT had a net margin of 75.85% and a return on equity of 10.05%.

Foresight VCT Stock Performance

Shares of Foresight VCT stock opened at GBX 68 ($0.90) on Thursday. Foresight VCT has a 1 year low of GBX 67.50 ($0.89) and a 1 year high of GBX 84 ($1.11). The company has a market capitalization of £204.25 million, a P/E ratio of 8.30 and a beta of 0.04. The company’s fifty day moving average is GBX 74.39 and its two-hundred day moving average is GBX 73.70.

Foresight VCT Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be paid a GBX 6.40 ($0.08) dividend. The ex-dividend date is Thursday, May 15th. This represents a yield of 8.59%. This is a boost from Foresight VCT’s previous dividend of $4.40. Foresight VCT’s payout ratio is currently 48.81%.

About Foresight VCT

Foresight VCT Plc is a private equity and buyouts firm, venture capital trust and managed by Foresight Group. This fund invests in SME, later stage growth capital opportunities across a range of sectors. It engages in investments in unquoted or AIM-listed companies in the United Kingdom. It invests in technology companies in United Kingdom.