Dunedin Income Growth Investment Trust (LON:DIG) Stock Price Up 0.4% – Time to Buy?

Dunedin Income Growth Investment Trust PLC (LON:DIG) shares rose 0.4% during trading on Thursday . The company traded as high as GBX 278.22 ($3.55) and last traded at GBX 277 ($3.53). Approximately 105,123 shares traded hands during trading, a decline of 50% from the average daily volume of 208,267 shares. The stock had previously closed at GBX 276 ($3.52).

Dunedin Income Growth Investment Trust Trading Up 0.4 %

The business has a 50-day moving average of GBX 278.03 and a 200-day moving average of GBX 282.53. The stock has a market capitalization of £395.32 million, a price-to-earnings ratio of 1,853.33 and a beta of 0.73. The company has a debt-to-equity ratio of 9.66, a quick ratio of 0.82 and a current ratio of 1.10.

Dunedin Income Growth Investment Trust Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, October 31st were issued a dividend of GBX 3.20 ($0.04) per share. This represents a dividend yield of 1.13%. The ex-dividend date was Thursday, October 31st. Dunedin Income Growth Investment Trust’s dividend payout ratio is currently 9,333.33%.

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.