Fidelity Special Values (LON:FSV) Sets New 52-Week High Following Dividend Announcement

Fidelity Special Values (LON:FSV) shares hit a new 52-week high during trading on Monday following a dividend announcement from the company. The company traded as high as GBX 298 ($3.68) and last traded at GBX 296.42 ($3.66), with a volume of 146822 shares traded. The stock had previously closed at GBX 295 ($3.64).

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

Fidelity Special Values Stock Up 0.5 %

The company has a market cap of £960.53 million, a price-to-earnings ratio of 1,735.29 and a beta of 1.11. The company has a fifty day simple moving average of GBX 283.30 and a two-hundred day simple moving average of GBX 275.73.

Insider Buying and Selling

In other Fidelity Special Values news, insider Ominder Dhillon bought 2,000 shares of the business’s stock in a transaction on Tuesday, February 27th. The stock was bought at an average price of GBX 275 ($3.40) per share, for a total transaction of £5,500 ($6,793.48). Insiders own 0.94% of the company’s stock.

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.