Dunedin Income Growth Investment Trust (LON:DIG) Stock Crosses Below 200-Day Moving Average – What’s Next?

Dunedin Income Growth Investment Trust PLC (LON:DIG) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 281.84 ($3.54) and traded as low as GBX 269 ($3.38). Dunedin Income Growth Investment Trust shares last traded at GBX 269 ($3.38), with a volume of 89,097 shares traded.

Dunedin Income Growth Investment Trust Stock Down 1.1 %

The firm has a market capitalization of £378.39 million, a price-to-earnings ratio of 1,774.00 and a beta of 0.73. The company has a current ratio of 1.10, a quick ratio of 0.82 and a debt-to-equity ratio of 9.66. The stock has a fifty day moving average of GBX 276.35 and a 200-day moving average of GBX 281.84.

Dunedin Income Growth Investment Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 6th will be issued a dividend of GBX 3.20 ($0.04) per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 1.16%. Dunedin Income Growth Investment Trust’s payout ratio is presently 9,333.33%.

Dunedin Income Growth Investment Trust Company Profile

Dunedin Income Growth Investment Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. The fund is co-managed by Aberdeen Asset Managers Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.