Witan Investment Trust plc (LON:WTAN) Plans Dividend Increase – GBX 1.75 Per Share

Witan Investment Trust plc (LON:WTAN) announced a dividend on Tuesday, August 13th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 22nd will be given a dividend of GBX 1.75 ($0.02) per share on Friday, September 13th. This represents a yield of 0.66%. The ex-dividend date of this dividend is Thursday, August 22nd. This is an increase from Witan Investment Trust’s previous dividend of $1.51. The official announcement can be viewed at this link.

Witan Investment Trust Stock Performance

Shares of LON:WTAN opened at GBX 268.50 ($3.49) on Wednesday. The company has a market capitalization of £1.63 billion, a PE ratio of 957.14 and a beta of 0.73. Witan Investment Trust has a 12-month low of GBX 209 ($2.72) and a 12-month high of GBX 277 ($3.60). The business has a 50 day moving average of GBX 266.82 and a two-hundred day moving average of GBX 256.29. The company has a current ratio of 0.29, a quick ratio of 0.57 and a debt-to-equity ratio of 15.35.

About Witan Investment Trust

Witan Investment Trust plc is a closed-ended equity mutual fund launched and managed by Witan Investment Services Limited. The fund is co-managed by Artemis Investment Management LLP, Lindsell Train Limited, Heronbridge Investment Management LLP, MFS International (UK) Limited, Veritas Asset Management LLP, Lansdowne Partners (UK) LLP, Marathon Asset Management, LLP, Matthews International Capital Management, LLC, Trilogy Global Advisors, LLC, Pzena Investment Management LLC, Tweedy, Browne Company LLC, and GQG Partners, LLC.