Edinburgh Investment (LON:EDIN) Raises Dividend to GBX 6.90 Per Share

Edinburgh Investment (LON:EDINGet Free Report) declared a dividend on Wednesday, April 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 2nd will be given a dividend of GBX 6.90 ($0.09) per share on Friday, May 24th. This represents a yield of 0.97%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a positive change from Edinburgh Investment’s previous dividend of $6.70. The official announcement can be accessed at this link.

Edinburgh Investment Price Performance

EDIN stock opened at GBX 711 ($8.78) on Wednesday. The company’s 50-day moving average price is GBX 677.56 and its two-hundred day moving average price is GBX 668.48. The firm has a market cap of £1.08 billion, a P/E ratio of 546.00 and a beta of 0.82. The company has a quick ratio of 3.88, a current ratio of 7.79 and a debt-to-equity ratio of 10.70. Edinburgh Investment has a 12 month low of GBX 612.70 ($7.57) and a 12 month high of GBX 713 ($8.81).

Insider Activity at Edinburgh Investment

In other Edinburgh Investment news, insider Annabel Tagoe-Bannerman purchased 732 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The shares were bought at an average price of GBX 682 ($8.42) per share, for a total transaction of £4,992.24 ($6,166.30). In related news, insider Elisabeth Stheeman acquired 551 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The stock was acquired at an average price of GBX 668 ($8.25) per share, with a total value of £3,680.68 ($4,546.29). Also, insider Annabel Tagoe-Bannerman bought 732 shares of the business’s stock in a transaction on Tuesday, March 26th. The stock was bought at an average price of GBX 682 ($8.42) per share, for a total transaction of £4,992.24 ($6,166.30). 3.59% of the stock is currently owned by insiders.

Edinburgh Investment Company Profile

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The Edinburgh Investment Trust plc is a closed-ended equity mutual fund launched and managed by Majedie Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying growth stocks of companies.

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Dividend History for Edinburgh Investment (LON:EDIN)

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