F&C Investment Trust (LON:FCIT) Issues Earnings Results

F&C Investment Trust (LON:FCIT) released its earnings results on Tuesday. The company reported GBX 17.01 ($0.22) earnings per share for the quarter, Digital Look Earnings reports. F&C Investment Trust had a net margin of 95.33% and a return on equity of 18.50%.

F&C Investment Trust Stock Performance

LON:FCIT opened at GBX 1,099.48 ($14.29) on Wednesday. The company has a market capitalization of £5.31 billion, a PE ratio of 5.70 and a beta of 0.62. The company has a 50 day simple moving average of GBX 1,156.60 and a two-hundred day simple moving average of GBX 1,103.42. The company has a debt-to-equity ratio of 10.50, a quick ratio of 3.92 and a current ratio of 2.81. F&C Investment Trust has a fifty-two week low of GBX 957.88 ($12.45) and a fifty-two week high of GBX 1,202.67 ($15.64).

F&C Investment Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Thursday, April 10th will be given a dividend of GBX 4.80 ($0.06) per share. This represents a yield of 0.44%. The ex-dividend date of this dividend is Thursday, April 10th. This is an increase from F&C Investment Trust’s previous dividend of $3.60. F&C Investment Trust’s dividend payout ratio is currently 7.77%.

Insiders Place Their Bets

In other F&C Investment Trust news, insider Beatrice Hollond purchased 87 shares of the business’s stock in a transaction on Thursday, January 9th. The shares were purchased at an average cost of GBX 1,136 ($14.77) per share, for a total transaction of £988.32 ($1,284.87). In the last three months, insiders have acquired 103 shares of company stock worth $117,336. Corporate insiders own 0.76% of the company’s stock.

About F&C Investment Trust

Launched in 1868, the Trust is the world’s oldest collective investment scheme and has since gone on to amass an impressive track record and grow into one of the largest of its kind. Its aim is to generate long-term growth and income by investing primarily in an international portfolio of listed equities.