Ruffer Investment Company Limited (LON:RICA) rose 0.7% during trading on Thursday . The company traded as high as GBX 300.25 ($3.92) and last traded at GBX 299 ($3.91). Approximately 372,598 shares changed hands during trading, a decline of 33% from the average daily volume of 555,849 shares. The stock had previously closed at GBX 297 ($3.88).
The stock’s 50 day moving average price is GBX 294.76 and its 200 day moving average price is GBX 291.10. The company has a market cap of £665.76 million and a price-to-earnings ratio of 8.21.
The business also recently disclosed a dividend, which was paid on Friday, October 29th. Stockholders of record on Thursday, October 14th were paid a dividend of GBX 1.55 ($0.02) per share. The ex-dividend date was Thursday, October 14th. This represents a dividend yield of 0.54%. This is an increase from Ruffer Investment’s previous dividend of $0.95. Ruffer Investment’s dividend payout ratio is currently 0.05%.
Ruffer Investment Company Limited is a closed-ended balanced mutual fund of funds launched and managed by Ruffer AIFM Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests either directly or through other funds in quoted equities or equity related securities and bonds which are issued by corporate issuers, supra-nationals, or government organizations.
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