Gulf Investment Fund plc (LON:GIF – Get Free Report) shares were up 1% during mid-day trading on Monday . The company traded as high as GBX 2.14 ($0.03) and last traded at GBX 2.12 ($0.03). Approximately 1,116 shares traded hands during trading, a decline of 95% from the average daily volume of 20,307 shares. The stock had previously closed at GBX 2.10 ($0.03).
Gulf Investment Fund Stock Up 1.0 %
The firm has a market capitalization of £879,800.00 and a P/E ratio of 5.30. The business has a 50-day moving average price of GBX 2.13 and a 200-day moving average price of GBX 2.27.
Gulf Investment Fund Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, October 20th. Stockholders of record on Thursday, September 14th were given a dividend of $0.04 per share. The ex-dividend date was Thursday, September 14th. This is a boost from Gulf Investment Fund’s previous dividend of $0.04. This represents a dividend yield of 1.72%. Gulf Investment Fund’s payout ratio is currently 2,000.00%.
Gulf Investment Fund Company Profile
Qatar Investment Fund plc is a close-ended equity mutual fund launched and managed by Epicure Managers Qatar Limited. The fund is co-managed by Qatar Insurance Company SAQ. It invests in public equity markets of Qatar. The fund benchmarks the performance of its portfolio against Qatar Exchange Index.
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