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

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

Dunedin Income Growth Investment Trust Stock Down 0.4 %

The company has a market capitalization of £375.41 million, a PE ratio of 1,760.00 and a beta of 0.73. The company has a current ratio of 1.10, a quick ratio of 0.82 and a debt-to-equity ratio of 9.66. The business has a fifty day moving average of GBX 276.01 and a 200 day moving average of GBX 281.72.

Dunedin Income Growth Investment Trust Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, February 28th. Investors of record on Thursday, February 6th will be issued a GBX 3.20 ($0.04) dividend. This represents a dividend yield of 1.16%. The ex-dividend date is Thursday, February 6th. Dunedin Income Growth Investment Trust’s dividend payout ratio (DPR) is currently 9,333.33%.

About Dunedin Income Growth Investment Trust

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.