Dunedin Income Growth Investment Trust (LON:DIG) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Dunedin Income Growth Investment Trust PLC (LON:DIG) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 281.18 ($3.62) and traded as low as GBX 273 ($3.51). Dunedin Income Growth Investment Trust shares last traded at GBX 274 ($3.53), with a volume of 141,481 shares traded.

Dunedin Income Growth Investment Trust Trading Down 0.1 %

The stock has a market cap of £389.05 million, a P/E ratio of 1,826.67 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’s fifty day simple moving average is GBX 280.96 and its 200 day simple moving average is GBX 283.94.

Dunedin Income Growth Investment Trust Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 31st will be issued a dividend of GBX 3.20 ($0.04) per share. This represents a yield of 1.13%. The ex-dividend date is Thursday, October 31st. Dunedin Income Growth Investment Trust’s dividend payout ratio is 9,333.33%.

Dunedin Income Growth Investment Trust Company Profile

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.