Dunedin Income Growth Investment Trust (LON:DIG) Reaches New 12-Month High – Here’s Why

Shares of Dunedin Income Growth Investment Trust PLC (LON:DIG) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 301 ($4.00) and last traded at GBX 301 ($4.00), with a volume of 131889 shares changing hands. The stock had previously closed at GBX 300 ($3.99).

Dunedin Income Growth Investment Trust Stock Up 0.3%

The company has a current ratio of 0.43, a quick ratio of 0.82 and a debt-to-equity ratio of 10.60. The stock has a market capitalization of £403.94 million, a PE ratio of 11.09 and a beta of 0.73. The firm has a 50 day moving average of GBX 285.20 and a two-hundred day moving average of GBX 279.07.

Dunedin Income Growth Investment Trust (LON:DIG) last announced its quarterly earnings results on Tuesday, April 15th. The company reported GBX 13.82 ($0.18) EPS for the quarter. Dunedin Income Growth Investment Trust had a return on equity of 8.64% and a net margin of 88.71%.

Dunedin Income Growth Investment Trust Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 6th were given a GBX 3.20 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, February 6th. This represents a dividend yield of 1.16%. Dunedin Income Growth Investment Trust’s payout ratio is currently 51.60%.

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