Finsbury Growth & Income (LON:FGT) to Issue Dividend of GBX 10.80

Finsbury Growth & Income (LON:FGT) announced a dividend on Friday, September 20th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 3rd will be paid a dividend of GBX 10.80 ($0.14) per share by the investment trust on Friday, November 8th. This represents a yield of 1.27%. The ex-dividend date is Thursday, October 3rd. This is an increase from Finsbury Growth & Income’s previous dividend of $8.80. The official announcement can be viewed at this link.

Finsbury Growth & Income Price Performance

Shares of LON:FGT opened at GBX 852 ($11.25) on Friday. The company’s fifty day moving average price is GBX 840.91 and its 200-day moving average price is GBX 842.16. The company has a debt-to-equity ratio of 2.01, a current ratio of 5.68 and a quick ratio of 0.48. The firm has a market capitalization of £1.56 billion, a price-to-earnings ratio of 1,396.72 and a beta of 0.52. Finsbury Growth & Income has a one year low of GBX 788.71 ($10.42) and a one year high of GBX 876 ($11.57).

Insider Activity at Finsbury Growth & Income

In other news, insider Pars Purewal purchased 17,802 shares of the company’s stock in a transaction on Monday, July 1st. The stock was purchased at an average price of GBX 838 ($11.07) per share, with a total value of £149,180.76 ($197,068.38). 5.83% of the stock is owned by insiders.

Finsbury Growth & Income Company Profile

Finsbury Growth & Income Trust PLC is a closed ended equity mutual fund launched Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.