Fidelity Special Values (LON:FSV) Reaches New 52-Week High After Dividend Announcement

Fidelity Special Values (LON:FSV) reached a new 52-week high during mid-day trading on Monday after the company announced a dividend. The stock traded as high as GBX 298 ($3.74) and last traded at GBX 296.42 ($3.72), with a volume of 146822 shares changing hands. The stock had previously closed at GBX 295 ($3.71).

The newly announced dividend which will be paid on Thursday, June 20th. Shareholders of record on Thursday, May 9th will be paid a dividend of GBX 3.24 ($0.04) per share. This represents a yield of 1.1%. The ex-dividend date of this dividend is Thursday, May 9th. Fidelity Special Values’s payout ratio is 5,294.12%.

Fidelity Special Values Stock Performance

The business’s 50 day simple moving average is GBX 284.21 and its 200-day simple moving average is GBX 276.15. The stock has a market capitalization of £962.58 million, a price-to-earnings ratio of 1,747.06 and a beta of 1.11.

Insider Buying and Selling at Fidelity Special Values

In other news, insider Ominder Dhillon bought 2,000 shares of Fidelity Special Values stock in a transaction on Tuesday, February 27th. The stock was purchased at an average cost of GBX 275 ($3.45) per share, with a total value of £5,500 ($6,908.68). 0.94% of the stock is currently owned by company insiders.

Fidelity Special Values Company Profile

Fidelity Investment Trust – Fidelity Special Values PLC is an open ended equity mutual fund launched and managed by FIL Investment Services (UK) Limited. It is co-managed by FIL Investments International. The fund invests in the public equity markets of the United Kingdoms. It spreads its investments across diversified sectors.