Tetragon Financial (LON:TFG) Hits New 1-Year High After Dividend Announcement

by · The Cerbat Gem

Tetragon Financial (LON:TFG – Get Free Report) hit a new 52-week high during trading on Tuesday following a dividend announcement from the company. The stock traded as high as GBX 12.70 ($0.16) and last traded at GBX 12.62 ($0.16), with a volume of 55134 shares changing hands. The stock had previously closed at GBX 12.35 ($0.16).

The newly announced dividend which will be paid on Wednesday, November 27th. Shareholders of record on Friday, November 1st will be issued a dividend of $0.11 per share. This represents a yield of 0.87%. The ex-dividend date is Friday, November 1st. Tetragon Financial’s dividend payout ratio is 2,875.82%.

Tetragon Financial Price Performance

The company has a market capitalization of £10.44 million, a price-to-earnings ratio of 8.41 and a beta of 0.46. The company has a current ratio of 0.53, a quick ratio of 6.03 and a debt-to-equity ratio of 10.63. The company has a 50 day moving average price of GBX 10.57 and a 200 day moving average price of GBX 10.26.

Tetragon Financial Company Profile

(Get Free Report)

Tetragon Financial Group Limited is a close ended feeder fund launched and managed by Tetragon Financial Management LP. The fund invests its entire corpus in Tetragon Financial Group Master Fund Limited. It was formerly known as Tetragon Credit Income Fund Limited. Tetragon Financial Group Limited was formed on June 23, 2005 and is domiciled in the Guernsey, Channel Islands.

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