Insider Buying: Cavendish Financial plc (LON:CAV) Insider Purchases £165.30 in Stock

Cavendish Financial plc (LON:CAV) insider Ben Procter purchased 1,653 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were acquired at an average cost of GBX 10 ($0.13) per share, with a total value of £165.30 ($208.63).

Cavendish Financial Price Performance

Shares of LON:CAV opened at GBX 10.10 ($0.13) on Friday. Cavendish Financial plc has a 12 month low of GBX 7.50 ($0.09) and a 12 month high of GBX 15 ($0.19). The firm has a market capitalization of £33.57 million, a P/E ratio of -1,010.00 and a beta of 1.23. The company’s fifty day moving average price is GBX 10.12 and its 200 day moving average price is GBX 11.52.

Cavendish Financial Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, December 11th. Stockholders of record on Thursday, November 21st were issued a GBX 0.30 ($0.00) dividend. This represents a dividend yield of 2.73%. This is a boost from Cavendish Financial’s previous dividend of $0.25. The ex-dividend date of this dividend was Thursday, November 21st. Cavendish Financial’s payout ratio is presently -20,000.00%.

Cavendish Financial Company Profile

Cavendish Financial plc provides various financial services to growth companies in the United Kingdom. The company offers equities research, distribution and execution, and analytics services. It provides investment banking services, such as strategic advisory and capital raising services comprising public market fund raisings, including placings, rights issues, and open offers; IPOs; sell-side or buy-side private M&A; public company M&A; debt arrangement and advice; private capital fund raisings; and general advice on strategic options, as well as acts as a corporate broker/NOMAD on a retained basis.