Downing Strategic Micro-Cap Inv Trst PLC (LON:DSM) shares reached a new 52-week low on Monday . The company traded as low as GBX 67.50 ($0.88) and last traded at GBX 68.50 ($0.90), with a volume of 59967 shares traded. The stock had previously closed at GBX 69 ($0.90).

Separately, Shore Capital reiterated a “house stock” rating on shares of Downing Strategic Micro-Cap Inv Trst in a report on Tuesday, May 7th.

The company also recently announced a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, May 23rd will be issued a dividend of GBX 1.25 ($0.02) per share. The ex-dividend date is Thursday, May 23rd. This represents a dividend yield of 1.71%.

In related news, insider Linda Bell purchased 8,500 shares of the business’s stock in a transaction that occurred on Friday, May 17th. The shares were bought at an average price of GBX 73 ($0.95) per share, for a total transaction of £6,205 ($8,107.93). Also, insider Hugh Aldous purchased 25,000 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was bought at an average price of GBX 74 ($0.97) per share, for a total transaction of £18,500 ($24,173.53).

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Downing Strategic Micro-Cap Inv Trst Company Profile (LON:DSM)

Downing Strategic Micro-Cap Investment Trust PLC is a United Kingdom-based closed-end investment company. The investment objective of the Company is to generate capital growth for shareholders over the long term, from a focused portfolio of micro-cap companies (those whose market capitalizations are under British Pound 150 million at the time of investment) targeting a compound return of 15% per annum over the long term.

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