Capital Gearing (LON:CGT) Reaches New 12-Month High at $4,820.00

Capital Gearing (LON:CGTGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 4,820 ($62.63) and last traded at GBX 4,815 ($62.56), with a volume of 40931 shares changing hands. The stock had previously closed at GBX 4,800 ($62.37).

Capital Gearing Trading Up 0.1 %

The stock has a 50 day simple moving average of GBX 4,718.58 and a 200 day simple moving average of GBX 4,700.02. The firm has a market capitalization of £1.03 billion, a PE ratio of -7,603.17 and a beta of 0.23.

Capital Gearing Increases Dividend

The company also recently declared a dividend, which was paid on Friday, July 5th. Investors of record on Thursday, June 6th were given a dividend of GBX 78 ($1.01) per share. The ex-dividend date of this dividend was Thursday, June 6th. This is a positive change from Capital Gearing’s previous dividend of $11.00. This represents a dividend yield of 1.65%. Capital Gearing’s payout ratio is currently -9,523.81%.

About Capital Gearing

(Get Free Report)

Capital Gearing Trust p.l.c is a closed ended fixed income mutual fund launched and managed by CG Asset Management Limited. The fund invests in the public equity and fixed income markets of the United Kingdom. It invests in the stocks of companies operating across diversified sectors. For the fixed income portion of the portfolio the fund primarily invests in government bonds.

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