Develop North Announces Dividend of GBX 1 (LON:DVNO)

Develop North (LON:DVNO) announced a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, December 5th will be given a dividend of GBX 1 ($0.01) per share on Friday, December 27th. This represents a yield of 1.28%. The ex-dividend date is Thursday, December 5th. The official announcement can be seen at this link.

Develop North Stock Down 10.3 %

DVNO opened at GBX 70 ($0.88) on Friday. Develop North has a 12 month low of GBX 68 ($0.86) and a 12 month high of GBX 88 ($1.11). The stock has a market cap of £17.49 million, a P/E ratio of 7,800.00 and a beta of 0.16. The stock’s 50 day moving average price is GBX 76.88 and its 200 day moving average price is GBX 76.12. The company has a debt-to-equity ratio of 13.50, a current ratio of 93.57 and a quick ratio of 6.87.

Develop North Company Profile

Develop North PLC, an investment company, provides a portfolio of fixed rate loans primarily secured over land and/or property in the United Kingdom. The company also invests in financial assets comprising loans. It makes investments primarily through senior secured loans; and other loans, such as bridging loans, selected loan financings, subordinated loans, and other debt instruments.