Edinburgh Investment (LON:EDIN) Plans Dividend of GBX 15.25

Edinburgh Investment (LON:EDIN) declared a dividend on Thursday, March 20th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 27th will be paid a dividend of GBX 15.25 ($0.20) per share on Tuesday, April 1st. This represents a dividend yield of 3.09%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 121.0% increase from Edinburgh Investment’s previous dividend of $6.90. The official announcement can be seen at this link.

Edinburgh Investment Stock Performance

LON:EDIN remained flat at GBX 749 ($9.71) during trading hours on Thursday. The company’s stock had a trading volume of 295,992 shares, compared to its average volume of 258,273. Edinburgh Investment has a 52 week low of GBX 674.21 ($8.74) and a 52 week high of GBX 786 ($10.19). The business’s 50-day simple moving average is GBX 756.69 and its two-hundred day simple moving average is GBX 748.93. The company has a current ratio of 32.12, a quick ratio of 3.88 and a debt-to-equity ratio of 10.12. The firm has a market cap of £1.08 billion, a P/E ratio of 5.99 and a beta of 0.81.

About Edinburgh Investment

Edinburgh Investment Trust offers exposure primarily to UK-listed equities. It may also hold up to 20% of assets in equities listed overseas. The Company invests primarily in UK securities with the long term objective of achieving: 1. An increase of the Net Asset Value per share in excess of the growth in the FTSE All-Share Index; and 2.