Dunedin Income Growth Investment Trust (LON:DIG) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Dunedin Income Growth Investment Trust PLC (LON:DIG) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 271.78 ($3.31) and traded as high as GBX 273 ($3.32). Dunedin Income Growth Investment Trust shares last traded at GBX 273 ($3.32), with a volume of 243,568 shares changing hands.

Dunedin Income Growth Investment Trust Trading Up 1.1 %

The firm has a market cap of £392.47 million, a P/E ratio of 1,840.00 and a beta of 0.73. The business’s 50-day moving average is GBX 271.82 and its two-hundred day moving average is GBX 279.72. The company has a current ratio of 1.10, a quick ratio of 0.82 and a debt-to-equity ratio of 9.66.

Dunedin Income Growth Investment Trust Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, February 6th will be issued a dividend of GBX 3.20 ($0.04) per share. This represents a dividend yield of 1.16%. The ex-dividend date of this dividend is Thursday, February 6th. Dunedin Income Growth Investment Trust’s dividend payout ratio (DPR) is presently 9,333.33%.

About Dunedin Income Growth Investment Trust

Targeting growth of income and capital from a portfolio invested mainly in companies listed or quoted in the United Kingdom that meet the Company’s Sustainable and Responsible investing criteria