Invesco Bond Income Plus (LON:BIPS) Shares Up 0.6% – Here’s Why

Invesco Bond Income Plus Limited (LON:BIPS)’s share price shot up 0.6% during trading on Wednesday . The stock traded as high as GBX 174.50 ($2.27) and last traded at GBX 174.50 ($2.27). 323,037 shares were traded during trading, an increase of 5% from the average session volume of 306,581 shares. The stock had previously closed at GBX 173.50 ($2.26).

Invesco Bond Income Plus Stock Performance

The company has a debt-to-equity ratio of 12.95, a quick ratio of 0.09 and a current ratio of 0.31. The stock has a fifty day simple moving average of GBX 172.12 and a two-hundred day simple moving average of GBX 171.67. The stock has a market cap of £354.36 million, a PE ratio of 8.94 and a beta of 0.40.

Invesco Bond Income Plus Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, January 16th were paid a GBX 2.88 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a dividend yield of 1.72%. Invesco Bond Income Plus’s dividend payout ratio (DPR) is presently 61.45%.

About Invesco Bond Income Plus

Managed by Rhys Davies and Edward Craven, the Company’s investment objective is to seek to obtain both high income and capital growth from investment, predominantly in high-yielding fixed-interest securities.