Finsbury Growth & Income (LON:FGT) Raises Dividend to GBX 10.80 Per Share

Finsbury Growth & Income (LON:FGT) declared a dividend on Friday, September 20th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of GBX 10.80 ($0.14) per share by the investment trust on Friday, November 8th. This represents a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, October 3rd. This is an increase from Finsbury Growth & Income’s previous dividend of $8.80. The official announcement can be viewed at this link.

Finsbury Growth & Income Stock Down 0.6 %

Shares of Finsbury Growth & Income stock opened at GBX 854.03 ($11.42) on Wednesday. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.48 and a current ratio of 5.68. Finsbury Growth & Income has a 52-week low of GBX 788.71 ($10.55) and a 52-week high of GBX 872 ($11.66). The stock has a market capitalization of £1.57 billion, a price-to-earnings ratio of 1,407.17 and a beta of 0.52. The company’s 50 day moving average price is GBX 843.64 and its 200-day moving average price is GBX 842.13.

Finsbury Growth & Income Company Profile

Finsbury Growth & Income Trust PLC is a closed ended equity mutual fund launched Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.