Caledonia Investments (LON:CLDN) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Caledonia Investments Plc (LON:CLDN) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 3,681.51 ($48.84) and traded as high as GBX 3,845 ($51.01). Caledonia Investments shares last traded at GBX 3,785 ($50.21), with a volume of 9,906 shares.

Caledonia Investments Price Performance

The stock has a 50-day moving average price of GBX 3,681.51 and a 200 day moving average price of GBX 3,610.58. The firm has a market cap of £2.03 billion, a price-to-earnings ratio of 10.17 and a beta of 0.77.

Caledonia Investments Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 27th were given a dividend of GBX 95.80 ($1.27) per share. The ex-dividend date was Thursday, March 27th. This represents a dividend yield of 4.33%. This is a boost from Caledonia Investments’s previous dividend of $19.69. Caledonia Investments’s payout ratio is 18.70%.

Insider Transactions at Caledonia Investments

In related news, insider Mathew Masters sold 516 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of GBX 3,880 ($51.47), for a total transaction of £20,020.80 ($26,559.83). Insiders own 40.16% of the company’s stock.

About Caledonia Investments

Caledonia is a FTSE 250 self-managed investment trust company with a long track record of delivering consistent returns and progressive annual dividend payments to shareholders.

Our aim is to generate long-term compounding real returns that outperform inflation by 3%-6% over the medium to long term, and the FTSE All-Share index over 10 years.

We are a long-term investor and hold investments in both listed and private markets across three pools: Public Companies, Private Capital and Funds.