Dunedin Income Growth Investment Trust PLC (LON:DIG) Announces Dividend of GBX 4.15

Dunedin Income Growth Investment Trust PLC (LON:DIG) declared a dividend on Thursday, April 4th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 2nd will be given a dividend of GBX 4.15 ($0.05) per share on Friday, May 31st. This represents a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a boost from Dunedin Income Growth Investment Trust’s previous dividend of $3.20. The official announcement can be seen at this link.

Dunedin Income Growth Investment Trust Price Performance

DIG stock opened at GBX 288 ($3.62) on Tuesday. The stock’s 50 day moving average is GBX 277.03 and its two-hundred day moving average is GBX 273.20. Dunedin Income Growth Investment Trust has a 52-week low of GBX 248.97 ($3.13) and a 52-week high of GBX 309.52 ($3.89). The company has a market capitalization of £420.97 million, a PE ratio of 1,600.00 and a beta of 0.72. The company has a quick ratio of 0.82, a current ratio of 0.27 and a debt-to-equity ratio of 9.71.

Insider Transactions at Dunedin Income Growth Investment Trust

In related news, insider Howard Williams purchased 137 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The shares were purchased at an average cost of GBX 279 ($3.50) per share, with a total value of £382.23 ($480.13). Corporate insiders own 1.97% of the company’s stock.

Dunedin Income Growth Investment Trust Company Profile

Dunedin Income Growth Investment Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. The fund is co-managed by Aberdeen Asset Managers Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.