Dunedin Income Growth Investment Trust (LON:DIG) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Dunedin Income Growth Investment Trust PLC (LON:DIG)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 280.12 ($3.62) and traded as high as GBX 289 ($3.73). Dunedin Income Growth Investment Trust shares last traded at GBX 288 ($3.72), with a volume of 188,980 shares changing hands.

Dunedin Income Growth Investment Trust Trading Down 0.3 %

The company has a quick ratio of 0.82, a current ratio of 0.43 and a debt-to-equity ratio of 10.60. The firm has a market cap of £386.49 million, a price-to-earnings ratio of 10.62 and a beta of 0.73. The business’s fifty day moving average is GBX 280.92 and its two-hundred day moving average is GBX 278.41.

Dunedin Income Growth Investment Trust Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 6th were issued a dividend of GBX 3.20 ($0.04) per share. This represents a yield of 1.16%. The ex-dividend date was Thursday, February 6th. Dunedin Income Growth Investment Trust’s dividend payout ratio is presently 51.60%.

About Dunedin Income Growth Investment Trust

Targeting growth of income and capital from a portfolio invested mainly in companies listed or quoted in the United Kingdom that meet the Company’s Sustainable and Responsible investing criteria