Finsbury Growth & Income Trust PLC (LON:FGT – Get a rating) announced a dividend on Wednesday March 16, Next.Co.Uk reports. Investors of record on Thursday, March 31 will receive a dividend of GBX 8.30 ($0.11) per share from the investment trust on Friday, May 13. This represents a return of 1.05%. The ex-dividend date is Thursday, March 31. The official announcement can be seen on this link.
Shares of Finsbury Growth & Income Trust opened at GBX 819 ($10.65) on Wednesday. The company has a market cap of £1.83 billion and a price to earnings ratio of 6.77. The company’s 50-day moving average is 851.63 GBX and its 200-day moving average is 881.43 GBX. Finsbury Growth & Income Trust has a 12-month low of 623 GBX ($8.10) and a 12-month high of 933.24 GBX ($12.14). The company has a quick ratio of 17.09, a current ratio of 17.09 and a leverage ratio of 1.92.
In related news, insider Katherine Cornish-Bowden bought 1,000 shares of Finsbury Growth & Income Trust in a trade that took place on Wednesday, December 22. The shares were purchased at an average price of 902 GBX ($11.73) per share, with a total value of £9,020 ($11,729.52). Additionally, insider Simon Hayes bought 20,000 shares of Finsbury Growth & Income Trust in a trade that took place on Monday, March 7. The share was purchased at an average cost of 759 GBX ($9.87) per share, for a total transaction of £151,800 ($197,399.22). In the past three months, insiders have purchased 32,500 shares of the company valued at $26,110,000.
About Finsbury Growth & Income Trust (Get a rating)
Finsbury Growth & Income Trust PLC is a closed-end mutual fund launched by Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in UK public stock markets. The fund seeks to invest in shares of companies operating in diversified sectors.
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