Dunedin Income Growth Investment Trust (LON:DIG) Share Price Passes Above 50 Day Moving Average – What’s Next?

Shares of Dunedin Income Growth Investment Trust PLC (LON:DIG) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 274.96 ($3.47) and traded as high as GBX 283 ($3.58). Dunedin Income Growth Investment Trust shares last traded at GBX 282 ($3.56), with a volume of 282,364 shares traded.

Dunedin Income Growth Investment Trust Stock Up 1.1 %

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 cap of £378.44 million, a P/E ratio of 10.39 and a beta of 0.73. The firm has a 50-day simple moving average of GBX 274.96 and a two-hundred day simple moving average of GBX 278.58.

Dunedin Income Growth Investment Trust Dividend Announcement

The company also recently disclosed 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. This represents a yield of 1.16%. The ex-dividend date is Thursday, February 6th. Dunedin Income Growth Investment Trust’s payout ratio is 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