Shares of Ranger Direct Lending Fund PLC (LON:RDL) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 678 ($8.86) and last traded at GBX 680 ($8.89), with a volume of 14893 shares trading hands. The stock had previously closed at GBX 686 ($8.96).

The firm also recently declared a dividend, which was paid on Friday, November 16th. Investors of record on Thursday, November 1st were given a GBX 85 ($1.11) dividend. The ex-dividend date was Thursday, November 1st. This represents a yield of 10.9%. This is an increase from Ranger Direct Lending Fund’s previous dividend of $14.28.

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About Ranger Direct Lending Fund (LON:RDL)

Ranger Direct Lending Fund Plc is a closed-ended investment company. The Company’s investment objective is to seek to provide shareholders with an attractive return, principally in the form of quarterly income distributions, by acquiring a portfolio of debt obligations (such as loans, invoice receivables and asset financing arrangements) that have been originated or issued by direct lending platforms.

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