Lindsell Train Investment Trust Plc (LON:LTI) Insider Michael Lindsell Purchases 50 Shares

Lindsell Train Investment Trust Plc (LON:LTI) insider Michael Lindsell purchased 50 shares of Lindsell Train Investment Trust stock in a transaction dated Wednesday, August 21st. The stock was bought at an average cost of £792.48 ($1,029.73) per share, with a total value of £39,624 ($51,486.49).

Michael Lindsell also recently made the following trade(s):

• On Friday, August 9th, Michael Lindsell bought 50 shares of Lindsell Train Investment Trust stock. The stock was acquired at an average price of £775.16 ($1,007.22) per share, for a total transaction of £38,758 ($50,361.23).
• On Monday, July 8th, Michael Lindsell bought 50 shares of Lindsell Train Investment Trust stock. The shares were purchased at an average cost of £823.60 ($1,070.17) per share, for a total transaction of £41,180 ($53,508.32).
• On Thursday, June 13th, Michael Lindsell acquired 50 shares of Lindsell Train Investment Trust stock. The stock was acquired at an average price of £821.60 ($1,067.57) per share, with a total value of £41,080 ($53,378.38).

Lindsell Train Investment Trust Stock Up 0.9 %

LON:LTI traded up GBX 7 ($0.09) during mid-day trading on Wednesday, reaching GBX 806 ($10.47). 792 shares of the company were exchanged, compared to its average volume of 362. Lindsell Train Investment Trust Plc has a 12 month low of GBX 713.92 ($9.28) and a 12 month high of GBX 926 ($12.03). The company has a fifty day moving average of GBX 815.60 and a 200 day moving average of GBX 812.66. The stock has a market cap of £1.61 million, a PE ratio of -87.68 and a beta of 0.55.

Lindsell Train Investment Trust Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, September 13th. Stockholders of record on Thursday, August 8th will be paid a GBX 5,150 ($66.92) dividend. This represents a dividend yield of 6.09%. The ex-dividend date is Thursday, August 8th. Lindsell Train Investment Trust’s dividend payout ratio (DPR) is presently -56,284.15%.

About Lindsell Train Investment Trust

Lindsell Train Investment Trust Plc is an closed-ended balanced mutual fund of funds launched and managed by Lindsell Train Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in equities, unquoted equities, bonds, other Lindsell Train managed fund products, cash, and other financial investments.