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

Dunedin Income Growth Investment Trust PLC (LON:DIG) shares hit 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 1.5 %

The firm has a market capitalization of £376.83 million, a PE ratio of 1,766.67 and a beta of 0.73. The company has a fifty day moving average price of GBX 276.35 and a 200-day moving average price 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.

Dunedin Income Growth Investment Trust Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, February 6th will be issued 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

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.