Lindsell Train Investment Trust Plc (LON:LTI) Announces GBX 5,150 Dividend

Lindsell Train Investment Trust Plc (LON:LTI) declared a dividend on Wednesday, June 12th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 8th will be given a dividend of GBX 5,150 ($65.81) per share on Friday, September 13th. This represents a dividend yield of 6.09%. The ex-dividend date is Thursday, August 8th. The official announcement can be accessed at this link.

Lindsell Train Investment Trust Stock Up 3.0 %

LTI stock opened at GBX 829.38 ($10.60) on Wednesday. Lindsell Train Investment Trust has a 52 week low of GBX 713.92 ($9.12) and a 52 week high of GBX 1,002 ($12.81). The firm has a market capitalization of £1.66 million, a P/E ratio of -88.96 and a beta of 0.55. The company has a fifty day simple moving average of GBX 823.97 and a two-hundred day simple moving average of GBX 818.81.

Insider Activity

In related news, insider Michael Lindsell purchased 50 shares of the firm’s stock in a transaction that occurred on Thursday, June 13th. The shares were bought at an average price of £821.60 ($1,049.97) per share, for a total transaction of £41,080 ($52,498.40). Corporate insiders own 37.12% of the company’s stock.

Lindsell Train Investment Trust Company Profile

Lindsell Train Investment Trust Plc is an closed-ended balanced mutual fund of funds launched and managed by Lindsell Train Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in equities, unquoted equities, bonds, other Lindsell Train managed fund products, cash, and other financial investments.