Hipgnosis Songs Fund (SONG LN) entered the FTSE250 Index on 20th March 2020 and benefitted from 15.5m trading volume that day from index buyers. It now currently stands as the 188th largest stock within the FTSE250 Index and firmly cemented its inclusion as other stocks have fallen as the COVID-19 outbreak continues with pace. A key strength of SONG is its non-correlated nature of its underlying revenue streams to what is unfolding in global markets. Only 3% of its underlying revenue is deriv
06 Apr 2020
Robust dividend and strong FTSE250 entrant
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Robust dividend and strong FTSE250 entrant
Hipgnosis Songs Fund Limited Shs GBP (SONG:LON) | 68.9 3.7 8.3% | Mkt Cap: 833.1m
- Published:
06 Apr 2020 -
Author:
Paul Glover -
Pages:
3
Hipgnosis Songs Fund (SONG LN) entered the FTSE250 Index on 20th March 2020 and benefitted from 15.5m trading volume that day from index buyers. It now currently stands as the 188th largest stock within the FTSE250 Index and firmly cemented its inclusion as other stocks have fallen as the COVID-19 outbreak continues with pace. A key strength of SONG is its non-correlated nature of its underlying revenue streams to what is unfolding in global markets. Only 3% of its underlying revenue is deriv