Invesco Enhanced Income Ltd (LON:IPE) insider Clive Spears bought 1,070 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were acquired at an average price of GBX 74 ($0.97) per share, for a total transaction of £791.80 ($1,034.63).
Shares of IPE remained flat at $GBX 74.20 ($0.97) during trading hours on Friday. The stock had a trading volume of 130,499 shares, compared to its average volume of 224,499. Invesco Enhanced Income Ltd has a 12-month low of GBX 0.71 ($0.01) and a 12-month high of GBX 76.80 ($1.00). The company has a current ratio of 0.22, a quick ratio of 0.11 and a debt-to-equity ratio of 18.32. The stock has a market cap of $121.78 million and a price-to-earnings ratio of 123.67.
The company also recently declared a dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Thursday, July 4th will be paid a dividend of GBX 1.25 ($0.02) per share. The ex-dividend date is Thursday, July 4th. This represents a dividend yield of 1.68%. Invesco Enhanced Income’s dividend payout ratio is currently 8.33%.
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Invesco Perpetual Enhanced Income Limited is a closed-ended fixed income mutual fund launched and managed by Invesco Fund Managers Limited. It is also co-managed by Invesco Asset Management Limited. The fund invests in fixed income markets of the United Kingdom. It seeks to invest in securities of companies operating across diversified sectors.
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