Ruffer Investment Company Limited to Issue Dividend of GBX 2.85 (LON:RICA)

Ruffer Investment Company Limited (LON:RICA) announced a dividend on Wednesday, March 12th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 20th will be given a dividend of GBX 2.85 ($0.04) per share on Friday, April 4th. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, March 20th. The official announcement can be seen at this link.

Ruffer Investment Stock Down 0.2 %

Shares of RICA traded down GBX 0.50 ($0.01) on Tuesday, hitting GBX 277 ($3.60). The company’s stock had a trading volume of 3,123,895 shares, compared to its average volume of 1,156,263. The firm has a market capitalization of £891.32 million, a price-to-earnings ratio of 100.76 and a beta of 0.25. The firm’s fifty day moving average price is GBX 275.25 and its 200-day moving average price is GBX 274.11. Ruffer Investment has a fifty-two week low of GBX 261.50 ($3.40) and a fifty-two week high of GBX 289.50 ($3.76).

Ruffer Investment (LON:RICA) last issued its quarterly earnings data on Wednesday, March 12th. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. Ruffer Investment had a net margin of 51.94% and a return on equity of 0.96%.

Insiders Place Their Bets

In other news, insider Colleen McHugh purchased 4,000 shares of Ruffer Investment stock in a transaction on Thursday, March 13th. The stock was purchased at an average price of GBX 276 ($3.58) per share, with a total value of £11,040 ($14,339.52). Also, insider Susie Farnon acquired 5,500 shares of the stock in a transaction dated Thursday, December 19th. The stock was acquired at an average price of GBX 268 ($3.48) per share, for a total transaction of £14,740 ($19,145.34). Corporate insiders own 0.23% of the company’s stock.

About Ruffer Investment

Ruffer Investment Company Limited has a simple aim – consistent positive returns, regardless of how the financial markets perform.

We try not to lose money in any 12 month period, and to grow the value of our investors’ wealth over the long haul.

If we can do this, we should outpace inflation, protecting and increasing the real value of our investors’ income and capital.

The specific investment objective of the Company is to produce a positive total return greater than twice Bank of England Bank Rate.