Ruffer Investment Company Limited (LON:RICA) Plans Dividend Increase – GBX 3.10 Per Share

Ruffer Investment Company Limited (LON:RICA) declared a dividend on Wednesday, September 18th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be given a dividend of GBX 3.10 ($0.04) per share on Friday, October 11th. This represents a yield of 1.12%. The ex-dividend date of this dividend is Thursday, September 26th. This is an increase from Ruffer Investment’s previous dividend of $2.00. The official announcement can be accessed at this link.

Ruffer Investment Trading Up 0.5 %

Shares of LON RICA opened at GBX 275.40 ($3.69) on Wednesday. The company has a fifty day moving average price of GBX 277.29 and a 200 day moving average price of GBX 272.94. Ruffer Investment has a 1-year low of GBX 260.86 ($3.49) and a 1-year high of GBX 289.50 ($3.88). The firm has a market cap of £973.24 million, a PE ratio of -1,304.76 and a beta of 0.24.

Insider Activity at Ruffer Investment

In other Ruffer Investment news, insider Colleen McHugh acquired 5,000 shares of the company’s stock in a transaction on Monday, August 19th. The stock was acquired at an average price of GBX 279 ($3.74) per share, for a total transaction of £13,950 ($18,679.70). 0.22% of the stock is owned by company insiders.

About Ruffer Investment

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.