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)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 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 traded.

Dunedin Income Growth Investment Trust Stock Performance

The company has a market cap of £392.47 million, a P/E ratio of 1,840.00 and a beta of 0.73. The company has a quick ratio of 0.82, a current ratio of 1.10 and a debt-to-equity ratio of 9.66. The company has a 50 day moving average price of GBX 271.82 and a 200-day moving average price of GBX 279.72.

Dunedin Income Growth Investment Trust Dividend Announcement

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