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

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

F&C Investment Trust Trading Up 0.0 %

Shares of FCIT opened at GBX 1,104.32 ($14.37) on Thursday. F&C Investment Trust has a 1-year low of GBX 957.88 ($12.46) and a 1-year high of GBX 1,202.67 ($15.65). The company has a current ratio of 2.81, a quick ratio of 3.92 and a debt-to-equity ratio of 10.50. The firm’s 50-day moving average price is GBX 1,156.12 and its 200-day moving average price is GBX 1,103.92. The firm has a market capitalization of £5.34 billion, a price-to-earnings ratio of 5.72 and a beta of 0.62.

F&C Investment Trust Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Thursday, April 10th will be issued a GBX 4.80 ($0.06) dividend. The ex-dividend date is Thursday, April 10th. This is a positive change from F&C Investment Trust’s previous dividend of $3.60. This represents a yield of 0.44%. F&C Investment Trust’s dividend payout ratio is 7.77%.

Insider Buying and Selling

In other news, insider Beatrice Hollond purchased 87 shares of F&C Investment Trust stock in a transaction that occurred on Thursday, January 9th. The shares were bought at an average cost of GBX 1,136 ($14.78) per share, with a total value of £988.32 ($1,285.70). Insiders purchased a total of 103 shares of company stock valued at $117,336 over the last three months. 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.