F&C Investment Trust (LON:FCIT) Plans Dividend Increase – GBX 4.80 Per Share

F&C Investment Trust (LON:FCIT) announced a dividend on Monday, March 17th, DividendData.Co.Uk reports. Investors of record on Thursday, April 10th will be paid a dividend of GBX 4.80 ($0.06) per share on Wednesday, May 7th. This represents a dividend yield of 0.44%. The ex-dividend date is Thursday, April 10th. This is a 33.3% increase from F&C Investment Trust’s previous dividend of $3.60. The official announcement can be seen at this link.

F&C Investment Trust Stock Down 0.2 %

Shares of FCIT traded down GBX 2 ($0.03) on Tuesday, hitting GBX 1,100 ($14.29). 21,945,020 shares of the stock traded hands, compared to its average volume of 1,037,197. The company has a market capitalization of £5.32 billion, a PE ratio of 5.70 and a beta of 0.62. The company has a debt-to-equity ratio of 10.50, a quick ratio of 3.92 and a current ratio of 2.81. The business has a 50 day simple moving average of GBX 1,157.12 and a 200 day simple moving average of GBX 1,102.89. F&C Investment Trust has a one year low of GBX 957.88 ($12.44) and a one year high of GBX 1,202.67 ($15.62).

F&C Investment Trust (LON:FCIT) last issued its earnings results on Tuesday, March 18th. The company reported GBX 17.01 ($0.22) earnings per share (EPS) for the quarter. F&C Investment Trust had a net margin of 95.33% and a return on equity of 18.50%.

Insider Buying and Selling

In related news, insider Beatrice Hollond bought 87 shares of the company’s stock in a transaction that occurred on Thursday, January 9th. The shares were bought at an average price of GBX 1,136 ($14.76) per share, for a total transaction of £988.32 ($1,283.70). Over the last quarter, insiders have purchased 103 shares of company stock worth $117,336. 0.76% of the stock is owned by insiders.

F&C Investment Trust Company Profile

Launched in 1868, the Trust is the world’s oldest collective investment scheme and has since gone on to amass an impressive track record and grow into one of the largest of its kind. Its aim is to generate long-term growth and income by investing primarily in an international portfolio of listed equities.