Dunedin Income Growth Investment Trust (LON:DIG) Stock Price Crosses Above 50-Day Moving Average of $282.88

Dunedin Income Growth Investment Trust PLC (LON:DIGGet Free Report)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 282.88 ($3.62) and traded as high as GBX 288 ($3.69). Dunedin Income Growth Investment Trust shares last traded at GBX 284 ($3.64), with a volume of 176,865 shares traded.

Dunedin Income Growth Investment Trust Trading Up 0.2 %

The firm’s 50-day simple moving average is GBX 282.88 and its 200 day simple moving average is GBX 278.09. The company has a debt-to-equity ratio of 9.66, a current ratio of 1.10 and a quick ratio of 0.82. The firm has a market capitalization of £410.48 million, a price-to-earnings ratio of 1,893.33 and a beta of 0.71.

Dunedin Income Growth Investment Trust Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 31st. Investors of record on Thursday, May 2nd were given a dividend of GBX 4.15 ($0.05) per share. This is an increase from Dunedin Income Growth Investment Trust’s previous dividend of $3.20. This represents a dividend yield of 1.5%. The ex-dividend date was Thursday, May 2nd. Dunedin Income Growth Investment Trust’s dividend payout ratio is currently 9,333.33%.

Insider Activity at Dunedin Income Growth Investment Trust

In related news, insider Howard Williams bought 137 shares of the company’s stock in a transaction dated Tuesday, March 12th. The stock was purchased at an average price of GBX 279 ($3.57) per share, with a total value of £382.23 ($489.72). 4.63% of the stock is currently owned by insiders.

About Dunedin Income Growth Investment Trust

(Get Free Report)

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.

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