Fair Oaks Income Fund Ltd (LON:FAIR) declared a dividend on Thursday, January 10th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, January 17th will be paid a dividend of $0.03 per share on Thursday, January 31st. This represents a yield of 4.37%. The ex-dividend date of this dividend is Thursday, January 17th. This is a boost from Fair Oaks Income Fund’s previous dividend of $0.007. The official announcement can be seen at this link.
Shares of FAIR opened at GBX 0.79 ($0.01) on Friday.
In related news, insider Nigel Ward purchased 15,000 shares of Fair Oaks Income Fund stock in a transaction dated Tuesday, December 4th. The shares were acquired at an average cost of GBX 67 ($0.88) per share, for a total transaction of £10,050 ($13,132.11).
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Fair Oaks Income Fund Limited is a feeder fund launched and managed by Fair Oaks Capital LP. The fund invests its entire corpus in Fair Oaks Income Fund LP. Fair Oaks Income Fund Limited was founded in 2014 and is domiciled in Channel Islands.
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