Dunedin Income Growth Investment Trust (LON:DIG) Hits New 12-Month Low – What’s Next?

Dunedin Income Growth Investment Trust PLC (LON:DIG)’s stock price hit a new 52-week low on Thursday . The company traded as low as GBX 265 ($3.33) and last traded at GBX 265 ($3.33), with a volume of 96783 shares traded. The stock had previously closed at GBX 269 ($3.38).

Dunedin Income Growth Investment Trust Trading Down 1.5 %

The stock has a 50-day simple moving average of GBX 276.35 and a two-hundred day simple moving average of GBX 281.84. The company has a debt-to-equity ratio of 9.66, a quick ratio of 0.82 and a current ratio of 1.10. The firm has a market cap of £376.83 million, a PE ratio of 1,766.67 and a beta of 0.73.

Dunedin Income Growth Investment Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, February 28th. Investors of record on Thursday, February 6th will be paid 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 presently 9,333.33%.

Dunedin Income Growth Investment Trust Company Profile

Dunedin Income Growth Investment Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. The fund is co-managed by Aberdeen Asset Managers Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.